What Economic Worry? Yet Another All-Time High For Apple (AAPL, XOM, MSFT)
Today marks another milestone for Apple Inc. (NASDAQ: AAPL). You might see a new 52-week high of $411.00, but that is no ordinary 52-week high. That is an all-time high! Dominance of the tablet market, the iPhone5, and on and…
Dominance of the tablet market, the iPhone5, and on and on. Just last week came a Morgan Stanley call for a large buyback or even a dividend.
Apple’s market cap is the largest that there is: $380 billion.
Exxon Mobil Corporation (NYSE: XOM) has a market cap of almost $355 billion and Microsoft Corporation (NASDAQ: MSFT) has a market value of $225 billion now.
What more is there to say?
–The 24/7 Wall St. Team
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Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.