Apple iPad News
News involving the Apple iPad and Forum news will be posted here. News in this section will be posted to the front page.
-
User News Submissions
Submit News for the Front Page Here. Please read the first post if you would like to contribute to iPadForums.net!
- Discussions:
- 393
- Messages:
- 1,672
Apple's Record-Breaking Market Cap Passes $724 Billion
Apple has become the first U.S. company to ever close out a trading day with a market cap of over $700 billion. And it seems that Tim Cook and his team aren't yet ready to stop.
At the time of writing this, Apple shares are being valued at roughly $126 each in intraday trading, which gives the Cupertino-based company a record-breaking market cap exceeding $724 billion. Apple shares have risen by almost 50% since the start of 2014.
Tim Cook said the success is also thanks to Apple's ability to sell pricey products to Chinese consumers. China seems to be one of the most important new markets for Apple, as Tim Cook claims that it has grown from a $1 billion to $38 billion market for the company in the past five years. Apple also plans to expand from 19 to 40 retail stores in China...
At the time of writing this, Apple shares are being valued at roughly $126 each in intraday trading, which gives the Cupertino-based company a record-breaking market cap exceeding $724 billion. Apple shares have risen by almost 50% since the start of 2014.
Tim Cook said the success is also thanks to Apple's ability to sell pricey products to Chinese consumers. China seems to be one of the most important new markets for Apple, as Tim Cook claims that it has grown from a $1 billion to $38 billion market for the company in the past five years. Apple also plans to expand from 19 to 40 retail stores in China...
Page 1 of 137
Thread Display Options
Loading...
Page 1 of 137
Search tags for this page
