NASDAQ ▪ January 14
NASDAQ ▪ April 6, 2014
NASDAQ ▪ June 24, 2013
NASDAQ ▪ March 6, 2013
AAPL stock has been in the news a lot lately, whether it comes to Warren Buffett’s opinion on buy-backs, the issue of preferred stock, or even its teetering market cap, but a closer look at the company’s NASDAQ fluctuation over the last year oddly shows a parallel to GOOG.
The graph above illustrates both Apple and Google’s highs and lows since September 2012, and, for the most part, they clearly mirror each other. The companies notably entered the zero-sum game in December 2012 and have continued this trend to present day.
The graph above is a more micro look at 2013, and it shows, again, that Google goes up every time Apple goes down.
NASDAQ ▪ March 15, 2012
NASDAQ ▪ February 28, 2012
Update: AAPL closed at 535.41 but is at 536.37 pushing its market cap over $500B
Some folks noticed that shares of Apple, Inc. surged yesterday morning amid favorable market conditions. Today’s announcement of the March 7 iPad 3 unveiling has managed to push the Cupertino, Calif.-headquartered designer of shiny electronics to a new lifetime high. The Apple stock, which trades on NASDAQ under the AAPL symbol, was up nearly nine points, or more than 1.5-percent, in early afternoon trading.
Valued at $534.08 a share, the company was just shy of $500 billion in market valuation at the time of this writing. Wow, just wow. Talk about the iPad effect.
That is still below Microsoft’s $583 billion valuation from 1999, but the iPhone maker’s getting closer and closer with each passing day. AAPL first crossed the $500 a share milestone the day before Valentine’s Day. Earlier on Feb. 9, 2012, shares of Apple, Inc. passed 10 percent of all of NASDAQ value and traded at $431 a share. In addition, right following Valentine’s Day, Apple first passed the psychological $500 a share barrier. For comparison’s sake, AAPL on Steve Jobs’ Oct. 5, 2011 passing traded at $378.25.