Apple breaks $600 billion market cap threshold
But you’d see how astonishing the growth of Cupertino is when you realize that the company has already gained 57% in valuation this year.
Could Apple become the world’s first trillion dollar company? Its stock would need to jump to around $1,072 for that, but if it doesn’t disappoint with the new launches it seems that it’s got the momentum.
Now, you might remember that worries about Apple performing weaker than everyone expected (but not weaker than Apple’s own targets) drove share price down to $572.5 at the end of July. Obviously, those worries are now gone, but we shouldn’t forget how volatile share prices are at the end of the day.