Finance

Six Things You Could Buy Instead of One Share in the World’s Most Valuable Company, Apple

NEW YORK (AP) — Apple is the world’s most valuable company, ever. On Monday, its surging stock propelled the company’s value to $624 billion, beating the previous record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom.

After a four-month dip, Apple’s stock hit new highs recently because of optimism around what is believed to be the impending launch of the iPhone 5, and possibly a smaller, cheaper iPad. Apple Inc. has been the world’s most valuable company since the end of last year, when it surpassed Exxon Mobil Corp.

Apple’s stock closed at $665.15 on Monday. That was an all-time high, up $17.04, or 2.6 percent, from Friday’s close. If that seems to pricey for one share of Apple, here are six other ways you can spend $665:

  • A Steve Jobs-themed gift set: A St. Croix black mock turtleneck ($185), a pair of dark stonewash Levi’s 501 jeans ($48), a pair of grey New Balance 991 running shoes ($150), a 16 GB iPhone 4S ($199 with wireless service plan) and The Beatles Anthology Box Set ($80 on iTunes). Total: $662.
Here Are Six Things One $665 Share in Apple Stock Could Purchase

Steve Jobs in is trademark outfit in 2007. (Photo: AP/Herbert Knosowski)

  • Fourteen cases of McIntosh apples (more than 1,040 pieces of fresh fruit) home-delivered from Fresh Direct. $650.
Here Are Six Things One $665 Share in Apple Stock Could Purchase

(Photo: Wikimedia)

  • Two premium orchestra seats for Tony-award-winning Broadway musical “The Book of Mormon,” plus refreshments during intermission. About $650.
Here Are Six Things One $665 Share in Apple Stock Could Purchase

(Photo: AP/Boneau/Bryan-Brown, Joan Marcus)

Here Are Six Things One $665 Share in Apple Stock Could Purchase

(Image Jimmy Choo screenshot)

  • Twenty-one shares of Microsoft stock. $645.54, at Monday’s closing price.
Here Are Six Things One $665 Share in Apple Stock Could Purchase

(Photo: AP/ Nigel Treblin/dapd

  • Three BlackBerry PlayBook 7-inch tablets, once positioned by Research in Motion Ltd., as alternative to iPad. About $606 through Amazon.com.
Here Are Six Things One $665 Share in Apple Stock Could Purchase

Blackberry Playbook tablet. (Photo: Scott Olson/Getty Images)

One item you won’t be able to purchase: the original Apple I computer.

Here Are Six Things One $665 Share in Apple Stock Could Purchase

A fully functioning Apple I computer (C back) is on display with its interfaces at Sotheby's in New York. (Photo: EMMANUEL DUNAND/AFP/GettyImages)

Though it carried a sticker price of $666.66 in 1976, it sold for $374,500 at a Sotheby’s auction in June.

Comments (12)

  • seeker9
    Posted on August 21, 2012 at 10:30am

    It’s been a great stock! Still own 100 sh + 30 sh in IRA. About time to take profits.

    Report Post » seeker9  
  • Fek Man
    Posted on August 21, 2012 at 10:13am

    I own apple stock through my 401k. I sure if you look closely at what your 401k manager invests into as its stock option spread– you will see apple at the top of the list.

    Report Post »  
  • AZindependent
    Posted on August 21, 2012 at 10:11am

    You could also buy three months of decent long term storage food.
    or
    You could buy one AK47 and 1,000 rounds of ammo for it.
    or
    You could buy one 20 piece roll of silver American Eagle one ounce coins.

    Report Post »  
  • biohazard23
    Posted on August 21, 2012 at 9:49am

    I want the shoes!! Size 6, please!

    Report Post » biohazard23  
  • DEMOCRATS.ARE.EVIL
    Posted on August 21, 2012 at 9:30am

    So Apple is only for the rich. The “common man” can’t afford to invest in it, and the poor and middle class shlubs need to take out loans to buy their products because they cost far more than the competition. Oh…and they make all their products using near-slave labor in China, allowing them a ridiculously huge profit margin – many times that of Big Oil and Big Insurance.

    Oh…..but liberals love them anyway.

    Report Post » DEMOCRATS.ARE.EVIL  
    • GrumpyCat
      Posted on August 21, 2012 at 11:01am

      Rich? So what if you can not buy 100 shares at $6.65 each, buy just 1 share. You get just as much of the company as you would if there was a 100:1 stock split.

      Thinking along the lines Democrats demonstrates is how the not-rich stay poor.

      Report Post »  
    • Toltepeceno
      Posted on August 21, 2012 at 11:19am

      Uh, that’s 665.00 for one share, not 6.65.

      Report Post » Toltepeceno  
    • American Soldier (Separated)
      Posted on August 21, 2012 at 6:59pm

      Reading Comprehension FTW.

      He said that you CAN’T buy 100 shares at 6.65 but instead, can only buy 1 share (at 665 a share)

      Report Post » American Soldier (Separated)  
  • randy
    Posted on August 21, 2012 at 9:28am

    Hmmmm.. Maybe their stock price will close at $666 today.

    Report Post » randy  

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