Apple’s Market Cap Tops $600 Billion Mark

Posted on Apr 11 2012 - 11:02am by Editorial Staff

Apple’s share price yesterday reached another all time high at $644 – the most interesting thing to know here for all the Apple lovers is that the Cupertino-based company’s market capitalization crossed the $600 billion mark, setting a record for the company and nearing that one of its biggest rivals. But in order to maintain the pitch the company needs to maintain share price pitch to close above $643.52. But since it was closed at $628.44 per share price, we strongly believe that in coming days it will reach a permanent $600 billion capitalization above mark although analysts already believe that the company’s share price in next year or two will reach $1000 making it as the first trillion dollar company.

About the Author
Editorial Staff

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