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Old Sep 17, 2012, 03:03 PM   #1
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Apple's Stock Price Breaks Through $700, Sets New All-Time Records for Price and Market Cap




Following today's news that the iPhone 5 has set a record with over two million pre-orders during the first 24 hours of availability last Friday, Apple's stock price is rising once more. Apple's share price broke through the $700 mark for the first time today in after-hours trading, continuing the company's meteoric rise as the most valuable publicly traded company in the world.

The stock price has been on a tear -- albeit with a bit of a lull in the middle of the year -- since Apple reported blowout earnings for the first fiscal quarter of 2012, rising more than $270/share, or over 65%, in nine months.




At the end of February, Apple broke through the important psychological barrier of $500 billion in market capitalization, then through $600 billion in April. Apple is now worth more than $650 billion, which is $225 billion -- or approximately one Google -- more than second-place ExxonMobil.

Article Link: Apple's Stock Price Breaks Through $700, Sets New All-Time Records for Price and Market Cap
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Old Sep 17, 2012, 03:05 PM   #2
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Too far, too fast. Time for a break.
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Old Sep 17, 2012, 03:06 PM   #3
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I am very curious if 1 trillion can be reached. If so, wow is all I can say.
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Old Sep 17, 2012, 03:06 PM   #4
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It says 699.80 -__-
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Old Sep 17, 2012, 03:07 PM   #5
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Anyone got a time machine set for 1996?
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Old Sep 17, 2012, 03:07 PM   #6
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I just saw it crossed $700.00 in after hours. Seconds later, I checked here and that is the lead story. Wow, Macrumors is quite quick. This is the up to the second reporting! Nice job Jordan Golson. You probably had it all setup, had the article written in anticipation and copy&paste the quote page to memorialize it and hit publish. Even then, it was lightning fast.
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Old Sep 17, 2012, 03:07 PM   #7
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Quote:
Originally Posted by MultiMediaWill View Post
It says 699.80 -__-
See after hours quote.

AAPL almost doubled since last year after Job's passing.
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Old Sep 17, 2012, 03:08 PM   #8
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wholy sheet
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Old Sep 17, 2012, 03:08 PM   #9
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Originally Posted by MultiMediaWill View Post
It says 699.80 -__-
Look underneath at the after hours figure.
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Old Sep 17, 2012, 03:08 PM   #10
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Remember when the iPhone 5 was going to be a failure?
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Old Sep 17, 2012, 03:09 PM   #11
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While I can say unfortunately I dont have any shares, I can def say I have contributed in making some ppl very rich at least. When will it stop? cant see it happening anytime too soon. But as they say, what goes up...
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Old Sep 17, 2012, 03:09 PM   #12
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when will it all come to an end i wonder...
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Old Sep 17, 2012, 03:09 PM   #13
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I love this analogy, "or approximately one Google -- more than second-place ExxonMobil."
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Old Sep 17, 2012, 03:10 PM   #14
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Apple is doomed.
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Old Sep 17, 2012, 03:10 PM   #15
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I don't care. I just want an iPhone 5.
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Old Sep 17, 2012, 03:10 PM   #16
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just wow
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Old Sep 17, 2012, 03:10 PM   #17
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Good thing I bought it back when it was like $12 something... Oh wait, I didn't.

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Old Sep 17, 2012, 03:10 PM   #18
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Wow, you were quicker with this news than even my Bloomberg iPhone app. I just got the alert about 30 seconds ago.
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Old Sep 17, 2012, 03:10 PM   #19
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Wow, wonder if its because apple product lineup, or the confidence in cook.
Either way, hope apple can stay focus on good things to come.
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Old Sep 17, 2012, 03:11 PM   #20
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My stupid emails saying my iPhone has been shipped still haven't come!!

Everytime my phone goes off I grab it thinking its the email.....stupid MacMall special offers.....
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Old Sep 17, 2012, 03:11 PM   #21
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I don't think anybody would have thought that share prices would go up $270 in 9 MONTHS! That's crazy!
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Old Sep 17, 2012, 03:11 PM   #22
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Originally Posted by NutsNGum View Post
Anyone got a time machine set for 1996?
2007 will do me fine.
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Old Sep 17, 2012, 03:12 PM   #23
scottsjack
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Really do you have to post Apple stock prices? Like that has anything to do with the ownership or use of Apple products. It's usually the cheesy Apple cheerleading Websites that post Apple stock prices in big fonts so fanboys who don't own any Apple can go "rah rah rah, we're cool".

Just a thought.
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Old Sep 17, 2012, 03:12 PM   #24
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Originally Posted by flopticalcube View Post
Too far, too fast. Time for a break.
naw... the fundamentals say the stock is still fairly cheap.
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Old Sep 17, 2012, 03:12 PM   #25
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Originally Posted by wickerman1893 View Post
I am very curious if 1 trillion can be reached. If so, wow is all I can say.
When last I checked, there's only about 60 trillion dollars in the world (that's supposedly the total value of everything) so 1 trillion market value would be pretty huge.
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