Apple Share Price Breaches $500, Hits All-Time High

apple's share price pushed through $500 barrier trading opened morning, reaching important psychological figure. stock price has been on tear ever since apple reported blowout earnings first fiscal quarter of 2012, rising more $75/share, or 18%, in under 3 weeks.




apple worth more $469 billion, making valuable public company in world significant margin. exxon mobil, second valuable public company, worth approximately $400 billion after weakening in company's price.

apple long way claiming "most valuable publicly traded company ever" title. among many others, microsoft had peak market cap of $642 billion during dot-com boom in september 2000. company worth on $250 billion. reversal of fortunes, apple in fact worth more google ($199 billion) , microsoft ($256 billion) -- apple's 2 biggest competitors -- combined.

article link: apple share price breaches $500, hits all-time high

 

insane. i'm surprised see such wide margin between exxon , apple's market cap.

 

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