apple stock

Apple Stock Exceeds $500 per Share for the First Time Ever

Posted in Apple, News on 13/02/2012 by J. Glenn Künzler

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Apple’s stock price has now exceeded $500 per share for the first time ever, following the report of record holiday quarter earnings, continued strong sales of existing products, and speculation on the iPad 3.

The company is now worth over $469 billion (at the time of this writing), and has increased its lead over Exxon Mobil to over $70 billion, retaining its position as the most valuable company in the world.

Even better, considering the upcoming launch of the iPad 3 and continued strong growth, AAPL is expected to continue to increase in value in the coming months, and throughout 2012.



Author

J. Glenn Künzler

Glenn is Managing Editor at MacTrast, and has been using a Mac since he bought his first MacBook Pro in 2006. Now he's up to his neck in Apple, and owns an old iBook, a 2012 iMac with an extra Thunderbolt display for good measure, a 4th-generation iPad, an iPad mini, 2 iPhones, and a Mac Mini that lives at the neighbor's house. He lives in a small town in Utah, enjoys bacon more than you can possibly imagine, and is severely addicted to pie.