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Apple shares close at record high, company now worth three-quarters of a trillion dollars

February 23rd, 2015 at 4:23 PM
Apple Share Price Market Cap

Ahead of the Apple Watch launch, Apple’s stock price continues to set new records. At the close of trading on Monday, shares of Apple were priced at $133 even, marking a new all-time closing high for the stock. Notably, the new closing price marks the first time Apple shares surpassed the $130 threshold.

THIS USED TO BE IMPRESSIVE: Apple is now worth more than Google and Microsoft combined

As it stands today, Apple’s market cap now rests at a mind boggling $774.69 billion, according to CNBC.

The impetus for Apple’s 2.71% rise today was likely a new research report from Barron’s which suggested that Apple, trading as high as it is already, may be strong enough to deliver 25% returns in just a year’s time.

When one adjusts for Apple’s 7-1 stock split many months ago, shares of Apple are effectively trading at $931. Over the past 12 months, shares of Apple are now up an astonishing 79.9%.

A life long Mac user and Apple enthusiast, Yoni Heisler has been writing about Apple and the tech industry at large for over 6 years. His writing has appeared in Edible Apple, Network World, MacLife, Macworld UK, and most recently, TUAW. When not writing about and analyzing the latest happenings with Apple, Yoni enjoys catching Improv shows in Chicago, playing soccer, and cultivating new TV show addictions, the most recent examples being The Walking Dead and Broad City.

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