AAPL Soars Past $500
By on February 13th, 2012

Last week, I pointed out that while Apple’s share price continued to grow, Google’s continued to fall. At that time the share price was at $468, and had begun to soar past $470, $480, and $490, which would make it only ten dollars short of closing at $500. Today, Apple’s share price soared past $500 as trading opened this morning. It has been rising every since the company reported blowout earnings for the first fiscal quarter of 2012. The share price has increased $75/share, or nearly 18%, in just under three weeks.

AAPL 500

Remember when Exxon Mobile was the most valuable company in the world? Well, now Apple, is worth more than $469 billion, making it the most valuable company in the world by a significant margin. Exxon Mobile, the second most valuable company, is worth approximately $400 billion.

Believe it or not, a share of $AAPL stock now costs as much as the original iPod. If you spent that money on Apple stock instead back then, it would be worth $27,556 today! It really is only a matter of time until Apple’s share price surpasses Google’s. $110 dollars and counting…

Tags: ,
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.

Leave a Reply

Name (required)

Website (optional)

 
    Warning: call_user_func() expects parameter 1 to be a valid callback, function 'advanced_comment' not found or invalid function name in /home/keith/techie-buzz.com/htdocs/wp-includes/comment-template.php on line 1694
 
Copyright 2006-2012 Techie Buzz. All Rights Reserved. Our content may not be reproduced on other websites. Content Delivery by MaxCDN