Apples share prices have continued to rise with the Cupertino based tech behemoth rising above a $ 600 billion (377.7bn) market cap for the first time.
Closing in on the $ 619 billion market cap record set by fierce rival Microsoft back in 2000, a sum which equates to around $ 800 billion (503.6bn) in modern money, Apples share prices have grown at a rapid pace following last months new iPad 3 release.
Hitting the latest milestone figure just months after crossing the $ 500 billion boundary, Apples overall value peaked at $ 600.16 billion yesterday shortly after trading markets opened in the US.
Firmly holding on to its billing as the most valuable company in the world, eclipsing Exxon in second place by around $ 200 billion, Apple shar e prices increased 7.46 per cent in opening trading hours yesterday topping out at $ 643.69 (405.19) apiece.
Are you contributing to Apples rapidly increasing market value? How many Apple branded products do you currently own? Let us know via the T3 Twitter and Facebook feeds.
Via: 9to5Mac
0 comments on Apple market value hits $600 billion for the first time :
Post a Comment