Apple's Market Cap Hits $700 Billion
Advertisement
Business Insider
Advertisement
The stock was trading at about $119 and climbing. The market cap was about $701 billion.
Apple's stock has been on a steady rise all year, and it's only been fueled by the wildly successful iPhone 6 and 6 Plus launch.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Apple posted record opening weekend sales for the new iPhones in September.
And this holiday quarter is expected to be massive, with one analyst, Ming-Chi Kuo, predicting the company will sell over 70 million units.
Advertisement
The stock has been hitting record highs off and on for the last few days.
Take a look at the rise over the last year:
More to come...refresh for the latest.
Advertisement
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Top 10 Must-visit places in Kashmir in 2024
- The Psychology of Impulse Buying
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance