Apple shares after the market closes on Tuesday amounted to $122.02 and helped the Corporation of Cupertino to set a new record. Thanks to the capitalization of the company...

Apple shares after the market closes on Tuesday amounted to $122.02 and helped the Corporation of Cupertino to set a new record. Thanks to the capitalization of the company has exceeded $700 billion and $710.7 billion Thus, Apple was the first company capitalization has exceeded $700 billion

 

 

For comparison, the market capitalization of Exxon, the oil giant, which is in second place is $385 billion in Apple Shares have dramatically increased in price due to publish a very positive financial report for the last quarter of 2014 (the company earned $18 billion and sold 74.5 million iPhone).

 

 

Now Apple is twice as expensive than Microsoft or Google. General Motors, once a leader in terms of capitalization, it is just 8.5% of the value of Apple. Most likely, the price of the shares already pledged successful launch of sales of smart watches Apple Watch. If they will be a real hit, then Apple could become the first company with a market capitalization of $1 trillion!

 

Since Apple's IPO in 1980 the value of its shares has grown by 50600%, and only last year by 64%. After the death of Steve jobs, many doubted the abilities of Tim cook, but since then, Apple shares have doubled.