Apple Is Now Worth More Than $300 Billion
Apple has surpassed $300 billion in market, achieving a distinction shared currently by only one other company in the world.
Apple Inc, shares price has risen by more than seven points to 329.75, giving the company an approximate market capitalization of $302.47 billion.
Apple has reported record earnings this year, On the success of the iPhone 4 and the iPad. this year Apple has sold 3.89 million Macs, And 14.1 million iPhones, 9.05 million iPods and 4.19 million iPads.
Apple was worth $223 billion (Just eight months ago), it is the world’s most valuable technology company ahead of arch rival Microsoft. shares of the computer and mobile device maker eclipsed $300, valuing the company at $274 billion.
Apple is now worth six times the value of Facebook, and the company has increased its value by $50 billion in just six months.
It is now the world’s second most valuable company, bested only by Exxon Mobil Corporation’s $376 billion market capitalization.