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Apple Stock passes $500 Mark

Feb 13 2012, 8:49am CST | by , in News | Apple

Apple Stock passes $500 mark

For the first time ever, an Apple Share trades above $500.

The momentum of Apple is unstoppable. Today in early trading, the Apple Stock jumped for the first time over $500. The market cap of Apple is now $465.63 Billion. I do not see any reason why the value of Apple is not continuing to grow. The death of Apple founder Steve Jobs did not slow down the company.

2012 Is already looking pretty good with major new product releases. It is expected that Apple will launch the iPad 3, iPhone 5, all-new MacBook Pros, new Apple TV and possibly a Apple Television this year.

The question is how valuable can a company become? A trillion? I see definitely the possibility that Apple will be the first company that will hit a trillion marked cap. I should have bought more AAPL shares years ago.

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