Mon, May 28, 2012, 6:01 AM EDT - U.S. Markets closed for Memorial Day

Apple's Stock Surges to $500; Market Value Near $500 Billion

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Apple, whose price hit $500 for the first time on Monday, could be the first company ever to reach a trillion dollar valuation.

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74 comments

  • Toby  •  2 months ago
    You people are idiots, do you really think Apple is the only company using Chineese labor, how many other American companies are over there, you couldn't even count that high. I say way to go Apple!!! Keep up the good work. I can't wait to buy a new iTV. And I wonder just how many of you have iPods???? That's right...I thought so!!!
  • NaasiefM  •  Pretoria, South Africa  •  3 months ago
    Stock just reached $500 and the writer is talking about a $1,037 price already. Stupid. Why not just extrapolate this to when AAPL market cap will equal US GDP then?
    • T 3 months ago
      They have been talking about apple hitting 1000 for a couple years now. Just what they think might happen.
    • connor mayes 3 months ago
      of course they are talking about it. its the next great milesone. they arent saying that its going to hit it, just that for the valuation of the company to hit 1 trillion (1,000,000,000,000.00) the share price would need to be that high
  • chubb1954...  •  Stratford, Canada  •  3 months ago
    It won't reach the trillion dollar mark, A very successful company that could easily buy a chartered bank, were it not for restrictions for foreign ownership, They have some 98 billlion dollars in cash, An enormous amount.
  • R.T.  •  3 months ago
    Who says slave labor conditions does not help the bottom line or executives' bonuses?
    • J 3 months ago
      you mean like the slave labor that made whatever you just typed that on?
    • G H 3 months ago
      Amazing, I say essentially the same thing and get 11 thumbs down.
    • tupacson 3 months ago
      Here's another one GH
  • S  •  Los Angeles, California  •  3 months ago
    Bought AAPL for 160 back in 2008. Almost 4 years later its 500. Best investment decision I've made so far. Don't envy me.......
    • Vmapper 3 months ago
      Dont worry, I dont.
      There are several stocks that have significantly outperformed a 3 bagger like AAPL.
    • tupacson 3 months ago
      Proud of you, S. Atleast some people still see the value of investing
    • tupacson 3 months ago
      VMAPPER, plz enlighen me with the names of these stocks that are a widely renowned around the world
  • Timmy Guytner  •  3 months ago
    Dow 13000 while the western world is drowning in debt? Not with my money! This market is for bagholders.
    • tupacson 3 months ago
      To become rich, you must take risks. Ask Warrren Buffett, he'll say the same thing
    • Andrew B 3 months ago
      Buffett has been wrong the past few years - if you would have listened to him the past year you would have lost your shirt
  • Timinator  •  Burnaby, Canada  •  3 months ago
    The bubble is getting bigger and bigger and soon it will at some point burst.
  • connor mayes  •  3 months ago
    $17.00 a day?!? what factory have you been looking at?? thats just crazy. there is NO WAY that they would ever pay them that much. i'd say thats about $16.50 overrpriced, and thats for people over the age of 6.
  • A. Guy  •  3 months ago
    Do not be dupes. Do not fall for this propaganda. They are on the verge of major financial loses in 2013. SELL SELL SELL
    • Alan 3 months ago
      People think you are crazy but now is the best time to sell.
  • brando97  •  Meriden, Connecticut  •  3 months ago
    Gee maybe they can pay their workers in China more than $17.00 a day. 200000 people housed in warehouses andnot allowed to leave is deplorable. If we did that to animals we would never buy products from that company but because it is the Chinese people it appears to be ok for all the apple iphonies. Personally I will never own an Apple product, this is capitalism at its absoulute worst. Deplorable working conditions, child labor, slave labor and the USA turns a blind eye. Shame on all of us. This company could build their products in America, pay their workers decent wages and still make record profits...Shame on STeve Jobs legacy... slave labor in China.. We need to have a humanitarian tax onthese technology companies, 10, 000% if they want to sell their products in North America. If you want to build your products abroad at least pay your workers a decent wage and allow them to go home at night. What Apple and all technology companies in the USA are doing is criminal and inhumane. It compares to the Nazi work camps in Germany. Give me socialism over capitalism anyday if this is the result. OMG!
  • JosefBleaux  •  Richmond, Virginia  •  3 months ago
    Wow. Lots of jealous haters posting today. They're obviously too stupid to understand good technology and/or too poor to afford it. So they put it down in a pathetic attempt to make themselves feel superior. What a bunch of posers.
  • lg1  •  3 months ago
    If one of these folks can run the US government.
  • C K  •  3 months ago
    Even at $500 per share, Apple is still way undervalued.
  • Joe  •  Charlotte, North Carolina  •  3 months ago
    Apple is doomed. They said this about Cisco when it was worth 600 billion and look what happened.
  • ginandtonic  •  Providence, Rhode Island  •  3 months ago
    "Apple, whose price hit $500 for the first time on Monday, could be the first company ever to reach a trillion dollar valuation." Oh, oh. I smell bubble talk.
  • .joel  •  3 months ago
    well of course..its made in china...CEO make billion .where the suckers.just more jobs for china...why can't apple help there own american people for jobs huh....
  • emjay  •  3 months ago
    Nothing different from 1999 when Qualcomm jumped $160 one day and was predicted to top $1000 easily. I guess QCOM is available at $61 today.
  • J G  •  3 months ago
    It's funny how the Dragons on TV don't like paying for a company several times more or above what its currently worth, but stock market speculators/investors usually pay many multiples/times more/over what a company is worth (over inflated prices) that can usually result in losses later.
  • Dimitri h  •  Seoul, South Korea  •  3 months ago
    great job apple
  • Geordie  •  3 months ago
    These Yahoo! articles are so biased. You never see any other tech giant with news on the front page. It's like Apple owns Yahoo.

    Suggesting that Apple will hit at least a stock value of $700 and then hit $1037, is just completely ridiculous. This is how Apple makes their money, through crappy articles that state that their stocks will grow. It is all just fake confidence, that puts the reader in the spot to buy Apple stocks.

    Honestly, if there weren't so many Yahoo! articles adoring Apple, Apple's stock wouldn't be over 500 right now. Everyday, there's an article basing another tech giant (especially RIM), and there's another article glorifying Apple.

    Seriously, Yahoo! needs to stop with the bias.
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