Friday, March 5, 2010
Apple Stock Shooting Through the Roof
With more money-crunching numbers, it has now been deduced that Apple is...well, very successful. To say the least.
With the iPad pending shipment on April 3rd, give or take a few days, Apple stock has hit the fan at an all-time high of 219.70. Now, I'm no expert, but at that value per share and beating its previous high of 215.59 on January 5th, that increase in two months indicates big bucks.
Originally quoted to launch in late March, the iPad is going to be delayed somewhat. But Apple fans don't seem to mind, especially since the rumors were actually more substantial than just a couple of days. And the customers are more relieved than angry.
With this anticipated launch, Apple's market cap is at $199.17 billion -- that's almost $200 billion. Google's market cap at $179.73 billion is close behind, but the companies are seemingly trying to constantly one-up each other. I guess when you hit 12 digit figures, you have that right.
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