Apple Stock Hits $600 for First Time

New iPad goes on sale tomorrow
By Newser Editors and Wire Services
Posted Mar 15, 2012 10:30 AM CDT
In this March 7, 2012 file photo, Apple CEO Tim Cook clasp his hands during an new iPad announcement during an Apple event in San Francisco.   (AP Photo/Paul Sakuma, File)

(Newser) – Apple's stock touched $600 for the first time, the day before the company's latest iPad goes on sale. The stock reached $600.01 just after the market opened and was up $3.76 at $593.34 after the half-hour of trading. Apple is the world's most valuable company, with a market capitalization of nearly $555 billion. It topped $500 billion for the first time in late February, a market value peak where few companies have ventured. Anticipation is high for Apple's latest creation; some industry experts believe the company could sell 1 million of the new iPad tomorrow. Click for reviews.

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