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Apple Stock Closes at New All-Time High, Now Worth Nearly Half a Trillion Dollars

Apple Stock Closes at New All-Time High, Now Worth Nearly Half a Trillion Dollars

Apple’s stock has made a habit of breaking its own records lately, and has now reached a new all-time record high on news of Apple’s iPad 3 event announcement for March 7th. The stock is now valued at nearly half a trillion dollars.

The company’s previous high was set on Monday at $525.76, bringing its total market value to over $499 billion – a stone’s throw away from $500 billion. At this rate, it’s easy to imagine Apple becoming the world’s first trillion dollar company, especially if they continue to excite their investors as they have in the past.

In comparison, the second most valuable company, Exxon Mobil, closed with a value of $411 billion. Apple’s stock price is currently up over 32% for 2012.

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