diff --git a/hw/apic.c b/hw/apic.c
index 43d748cab..64e75ad0f 100644
--- a/hw/apic.c
+++ b/hw/apic.c
@@ -869,6 +869,10 @@ static int apic_load(QEMUFile *f, void *opaque, int version_id)
 static void apic_reset(void *opaque)
 {
     APICState *s = opaque;
+
+    s->apicbase = 0xfee00000 |
+        (s->id ? 0 : MSR_IA32_APICBASE_BSP) | MSR_IA32_APICBASE_ENABLE;
+
     apic_init_ipi(s);
 
     if (s->id == 0) {
@@ -906,8 +910,6 @@ int apic_init(CPUState *env)
     s->id = last_apic_id++;
     env->cpuid_apic_id = s->id;
     s->cpu_env = env;
-    s->apicbase = 0xfee00000 |
-        (s->id ? 0 : MSR_IA32_APICBASE_BSP) | MSR_IA32_APICBASE_ENABLE;
 
     apic_reset(s);