Monday, August 20, 2012

Apple's Market Cap Broke The $600 Billion Mark

Apple is slated to unveil the next gen iPhone next month on September 12 and with that said, their stocks grew 1.85% last friday. Their shares now stand at $648.11 and their market cap went pass the $600 billion mark and now is at an unbelievable $607 billion. This is quite an astounding achievement by Apple as the company has gained 57% in valuation this year. Could this momentum continue and make Apple the world's first billion dollar company. For that to happen their stocks need to be at $1072, that number is possible if they continue to plead the crowd with the upcoming launches like the iPad Mini, iPhone 5, and iPod Touch. 

Source: Phonearena 
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