The biggest company in the world is strutting some major figures, thanks to stocks in the company trading at over $503. This is the first time the company has seen shares move past the $500 mark, and it represents a valuation close to $500 billion. The latest figure from Monday put the company at $469 billion, all said.
This puts Apple head and heels above major competitors such as Google, and even well above companies such as Goldman Sachs, BP and ExxonMobil. It is profound that just five years ago, stock in the company was trading at around $50.
As for future plans for Apple, the company is reportedly getting ready to announce the iPad 3, as well as the long-awaited iPhone 5. Perhaps a reveal at the same time as GDC for the new tablet could signal a strong intent by Apple to hit the gaming market with force.
[Thanks Develop]
