Tim Cook, Apple’s CEO is about to appeared at a Goldman Sachs investor’s symposium in an urge to answer the urgent questions that had been winding up in the market all around – even probably including the worker’s condition at Faxconn – company’s China manufacturer. Cook is scheduled to make an appearance after almost four years as of now at Goldman Sachs conference tomorrow on Valentine’s Day, Tuesday February 14 at 3.30 pm EST.
Apple which yesterday saw its share price (AAPL) closed above $500 for the first time, ending the all time high at $502.60. Apple, which presently the world’s most valuable company will now, boasts a market capitalization of almost $468.61 billion and nearly $100 billion in cash and marketable securities.
The yesterday’s $500 mark is a psychological milestone as many Apple bulls have already been predicting it. Apple recently announced that quarterly profit roses more than doubled to $13.1 billion surging on the demand for the iPhone and iPad.