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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
Apple Stock Hits $600 for First Time
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. (Read more Apple stories.)

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