Apple becomes the first $700 billion company
Posted on AllSides November 25th, 2014
From The Left
Apple (AAPL) stock mania got an emphatic exclamation point Tuesday when the company’s market value exceeded $700 billion — the first time that a company has ever topped that level.
Shares of Apple traded as high as $119.75 to give the company a never-before-seen value of almost $707 billion.
The breathtaking run in the stock is getting to levels that are starting to catch attention. For one thing, the stock has already passed analysts’ 18-month price target on the stock of $118.88. Of course, analysts can and have boosted their...
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