Apple's market cap passes $300 billion

Discussion in 'User News Submissions' started by xune, Jan 3, 2011.

  1. xune
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    xune iPad Enthusiast

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    Apple's market cap passes $300 billion
    by Victor Agreda, Jr. (RSS feed) on Jan 3rd 2011 at 4:30PM

    [​IMG]

    After blasting through the $330 per share for Apple's stock today, the company now has a market capitalization valued at around $302 billion dollars. While market cap isn't everything, this is a substantial shift from the way things used to be. Apple used to be the underdog!

    Remember when Apple was on life support in the '90s after a series of bland and uninspiring CEOs and product lines? Since the return of Steve Jobs and his hand-picked crew of innovators, however, the company has seen a truly remarkable rise in profits and marketshare while expanding into completely new markets for the company. Apple is on the rise in a big way, and if what we saw in 2010 is any indication, 2011 will see even more growth for our favorite mobile device company.



    Apple's market cap passes $300 billion
  2. seamoir
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    Wow!
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    Wheres my share? :D
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