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Apple stock closes at an all-time-high, added $1 trillion to its market cap in 2023

AAPL closes at an all-time-high

The AAPL stock closed at $197.96, up 1.67% for the day, a new record high for the company.

It's hard to bet against Apple in the stock market. The company has consistently outperformed its contemporaries and is one of five US companies valued at over $1 trillion.

On Wednesday, December 13, 2023, AAPL closed at $197.96, beating the previous high of $196.45 set on July 31, 2023. Apple also made the news on December 6, 2023, for passing $3 trillion total market valuation again.

Another notable milestone took place in 2023, according to Barron's, Apple increased its market cap by $1 trillion throughout 2023. Microsoft also managed to increase its valuation by $1 trillion in 2023.

Apple, Microsoft, Alphabet, Amazon, and Nvidia are the only companies valued at more than $1 trillion. The gap between first and second place, Apple and Microsoft, is about $220 billion, or about a Disney plus Spotify in size.

While these figures are interesting to observe, they don't mean much unless you're a stockholder. Apple's market cap is likely to reach $4 trillion in 2024 if its pace doesn't slow down, and with Apple Vision Pro on the horizon, anything is possible.



9 Comments

daven 17 Years · 735 comments

Well, as a stockholder, I’m a happy boy.

6 Likes · 0 Dislikes
GrannySmith99 3 Years · 59 comments

daven said:
Well, as a stockholder, I’m a happy boy.

Me too. Stock holder since 2002. VERY happy boy!

5 Likes · 0 Dislikes
eriamjh 18 Years · 1800 comments

AAPL is doing pretty well for being doomed and china collapsing.  

3 Likes · 0 Dislikes
ramanpfaff 14 Years · 145 comments

daven said:
Well, as a stockholder, I’m a happy boy.

Me too. Stock holder since 2002. VERY happy boy!

2004 for me. Got to retire rather early. Very very happy boy. 😀

5 Likes · 0 Dislikes
csimmons 20 Years · 101 comments

Stockholder since 1996. Needless to say, I’m happy. 😉

4 Likes · 0 Dislikes