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Apple share price hits $700 for the first time ever

0. phoneArena 17 Sep 2012, 16:40 posted on

Whether or not you like Apple products, it's hard to argue with the company's balance sheet. It is a ludicrously profitable company and that has pushed the stock price to levels unseen in Apple's history. The stock price passed $700 for the first time today, just over one week after Google hit that same milestone...

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posted on 18 Sep 2012, 13:02

71. MichaelHeller (Posts: 2693; Member since: 26 May 2011)

math typos are the worst typos possible. sorry about that.

posted on 17 Sep 2012, 23:56

56. Kronic (banned) (Posts: 321; Member since: 11 Sep 2012)

Apple may become the most successful company ever! Thanks to their excellent marketing techniques and the fact that their products Just work great. iLife my iPad and am sure am gonna love my iPhone 5 when it comes. I was using android phones for the last 2yrs. But I have to say I had great expectations from you, google and u let me down!

posted on 18 Sep 2012, 00:56

61. johnbftl (Posts: 266; Member since: 09 Jun 2012)

If I were a shareholder I would be screaming for a stock split right about now. At the rate they are going they can easily reach $700 again within the next year or two, even more. I remember holding Bank of America stock my dad gave me to save for college (my dad was an assistant vice president for BofA) back when they merged with Nations Bank at $70 and it split down to $35. By the time I was graduating from high school it hit $70 again and I sold. I took that money and put myself through college.

posted on 18 Sep 2012, 01:21

63. ilia1986 (unregistered)

Too bad. When Apple crashes - and they will - they might just cause another global economical crisis. It's a bubble waiting to burst. Unlike Google - Apple only has a few fairly similar products. What happens when people stop liking them? Oh yeah - the bubble bursts.

posted on 18 Sep 2012, 09:03

68. jimjam (Posts: 253; Member since: 28 Jun 2011)

Nothing to do with Tim Cook. You can hardly go wrong with the legacy left. Tim has just stuck with the program. Any smuck could do that.

posted on 18 Sep 2012, 09:05

69. jimjam (Posts: 253; Member since: 28 Jun 2011)

The rise in stock price just show how much they are screwing customers. Wake up everyone.

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