Apple Share Price Hits $600, Just One Month After Hitting $500
By on March 15th, 2012

Just yesterday, we reported that Apple’s share price was closing in on Google. In fact, the share price closed at an all time high price of $589.58 and in after hours, it closed at $591.50. Today, the company’s share price touched the $600 mark this morning, just a month after reaching $500/share for the first time.

AAPL 600

However, the stock closed at $585.56. Ever since the company reported a blowout earnings for the first fiscal quarter of 2012, the share price has risen nearly $180/share, or nearly 40%, in under two months.

Apple is the most valuable publicly traded company in the world, worth nearly $560 billion, and is on its way to become the first trillion dollar company, more than $150 billion higher than second-place ExxonMobile. Fact — During the dot-com boom in December of 1999, Microsoft’s peak market cap was $684 billion. At this rate, it seems to me that Apple’s on its way to pass that.

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Author: Parth Dhebar
Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.

Parth Dhebar has written and can be contacted at parth@techie-buzz.com.

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