+ Reply
Results 1 to 9 of 9

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Apple Briefly Tops $600 Billion Market Cap

is a discussion within the

Mac News

forums, a part of the

General Apple/Mac

section;
For a few fleeting moments Tuesday morning, Apple briefly enjoyed a market cap in excess of $600 billion. Then, Wall Street took a tumble, dragging down a multitude of stocks
...
  1. #1
    MMi Staff Writer Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    3,418
    Thanks
    17
    Thanked 1,471 Times in 558 Posts

    Default Apple Briefly Tops $600 Billion Market Cap


    For a few fleeting moments Tuesday morning, Apple briefly enjoyed a market cap in excess of $600 billion. Then, Wall Street took a tumble, dragging down a multitude of stocks - including APPL.

    But don't fret if you blinked and missed Apple's latest milestone. If AAPL doesn't close at or above $643.53 today, it likely will soon. At this level, Apple has a market cap of $600 billion.

    Apple is only the second company in the history of the world to boast of that achievement. Microsoft was first in 1999.

    All told, it's been a stellar year for Apple. So far for 2012, Apple shares are up 57%. They're also up well over 90% from just twelve months ago. As recently as February 28, Apple enjoyed a market cap of a "measly" $500 billion.

    Should Apple report another better-than-expected quarter of earnings later this month, AAPL's momentum will likely continue. The latest buzz on Wall Street is that Apple's market cap will top $1 trillion (or $1,000 per share) before the stock finally cools or levels off.

    Source: MarketWatch

  2. #2
    iPhone? More like MyPhone ericwall's Avatar
    Join Date
    Nov 2010
    Posts
    122
    Thanks
    1
    Thanked 8 Times in 8 Posts

    Holy crap!

  3. #3
    iPhone? More like MyPhone
    Join Date
    Jun 2009
    Posts
    132
    Thanks
    0
    Thanked 13 Times in 9 Posts

    Just waiting for the day when judges will order Apple to break up into smaller companies as they ordered Microsoft to do so back in 2000, an overwhelmingly huge giant is bad for business.

  4. #4
    What's Jailbreak?
    Join Date
    Sep 2007
    Posts
    26
    Thanks
    0
    Thanked 1 Time in 1 Post
    Quote Originally Posted by bry2k2 View Post
    Just waiting for the day when judges will order Apple to break up into smaller companies as they ordered Microsoft to do so back in 2000, an overwhelmingly huge giant is bad for business.
    unless its too huge to fail

  5. #5
    My iPhone is a Part of Me TheDirtyDiddler's Avatar
    Join Date
    Nov 2008
    Location
    New Haven, CT
    Posts
    529
    Thanks
    12
    Thanked 53 Times in 37 Posts

    Wait until the next iPhone. This will be their biggest year, hands down.

  6. #6
    H4CK3R's Avatar
    Join Date
    Jan 2012
    Location
    java.lang.IllegalStateException: Location unknown.
    Posts
    5,781
    Thanks
    61
    Thanked 261 Times in 250 Posts

    $600 billion... More than I'll make in a lifetime.
    Great minds discuss ideas.
    Average minds discuss events.
    Small minds discuss people.

  7. #7
    Livin the iPhone Life steve-z17's Avatar
    Join Date
    Sep 2007
    Location
    Utah
    Posts
    2,197
    Thanks
    91
    Thanked 141 Times in 121 Posts

    $600 Billion? That's nothing! I could start a company today and have it be well above $600 Billion in the next two years!! Apple's had how many years now?? Weak sauce!

  8. #8
    H4CK3R's Avatar
    Join Date
    Jan 2012
    Location
    java.lang.IllegalStateException: Location unknown.
    Posts
    5,781
    Thanks
    61
    Thanked 261 Times in 250 Posts

    ... $600 billion can do you lots of things lol. Market analysts already said they'll be the first trillion dollar company...
    Great minds discuss ideas.
    Average minds discuss events.
    Small minds discuss people.

  9. #9
    iPhone? More like MyPhone
    Join Date
    Jan 2009
    Location
    Ohio
    Posts
    119
    Thanks
    3
    Thanked 13 Times in 8 Posts

    Aapl*

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts