Apple 2.0

Covering the business that Steve Jobs built

Apple closes above $320 per share

December 6, 2010: 5:27 PM ET

Apple (AAPL), which has been trailing the market recently, reversed the trend on Monday and closed up $2.71 (0.85%) in a down market to set a new all-time intraday high of $322.33 and a new high closing price: $320.15.

A few useful stats courtesy of the Wall Street Journal:

  • Year-to-date rise: 52%
  • Rise over past twelve months: 65.6%
  • Since the end of August: 32%
  • Market Cap: $293.68 billion
  • Trailing 12-month price-to-earnings ratio, as of Friday Dec. 3: 21
  • Forward 12-month price-to-earnings expectation ration, as of Friday Dec. 3: 16.7

[Follow Philip Elmer-DeWitt on Twitter @philiped]

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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