Key Notes
- Apple shares reached a new intraday record above $360 on November 13.
- Its value at the $360 threshold was approximately $5.23 trillion.
- That exceeded available estimates for Saudi Aramco, Broadcom and Meta combined.
Apple (Nasdaq: AAPL) shares crossed $360 for the first time on Friday, November 13, reaching an intraday record of $360.83 and taking the company’s equity value above $5.2 trillion.
The stock later gave back part of the advance. At 10:24 a.m. New York time, trading data showed Apple at $357.43, up 0.72% from Thursday’s $354.88 close. The $360.83 high was an intraday milestone, not a closing price.
A $5.23 Trillion Valuation at $360
At $360 a share, Apple’s implied market capitalization was about $5.23 trillion, using approximately 14.53 billion shares outstanding. Its $360.83 session high would put that calculation at roughly $5.24 trillion.
The move extended Apple’s advance beyond the $5 trillion milestone it reached earlier this autumn. TradingView’s historical data listed the previous all-time high at $359.37 on November 12.
Larger Than Aramco, Broadcom and Meta Combined
Available Friday estimates from CompaniesMarketCap put the dollar value of three other corporate giants at about $4.97 trillion combined:
- Saudi Aramco (Saudi Exchange: 2222): approximately $1.70 trillion.
- Broadcom (Nasdaq: AVGO): approximately $1.65 trillion.
- Meta Platforms (Nasdaq: META): approximately $1.62 trillion.
Apple’s value at the $360 threshold exceeded that combined figure by roughly $260 billion. The comparison uses available market estimates, including the latest Saudi-market quote, rather than synchronized trades across all four stocks.
Record Earnings Meet the Holiday Product Cycle
Apple entered November with a record September-quarter earnings report. Revenue reached $114.5 billion, up 12% from a year earlier, while diluted earnings per share rose 14% to $2.10. Services revenue also set an all-time high, Apple said in its results release.
Those results covered the period ended September 26, before iPhone Duo reached stores on October 23. Apple also began selling its $299 HomeView smart-home device in select markets on November 13. The holiday quarter will capture those additions to the lineup under chief executive John Ternus.
