Apple Share Price Crosses $600 Barrier Mark For First Time

Posted on Mar 20 2012 - 10:15am by Editorial Staff

This is the one such moment we all are waiting for, Apple’s share price crossed $600 mark – yes it did, and now stood at $601.10 at the close of trading on Monday. The company yesterday made announcement during its Conference call that it would use some of $100 billion in cash to pay out a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012. Last week Apple shares hit $600 for the first time before retreating. Apple earlier also confirmed that it had sold out 3 million units of iPad 3.

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.