Apple Becomes the First $700 Billion Company in the U.S.

Apple Becomes the First $700 Billion Company in the U.S.

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Apple has just become the first $700 billion company in the U.S. The company's shares closed up at $122.02 today, giving it a market cap of $ 710.736B, according to Yahoo Finance.

It had crossed $700 billion during intraday trading in the past but never managed close above that level until today.

Apple CEO Tim Cook was congratulated on the achievement during a live audio stream from the Goldman Sachs Technology and Internet Conference.

The company's stock has soared since it announced Q4 2014 earnings. It posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion, or $3.06 per diluted share.

Take a look at the chart below for more details....


Apple Becomes the First $700 Billion Company in the U.S.

Apple Becomes the First $700 Billion Company in the U.S.
juggalorazzam - February 11, 2015 at 9:54pm
Congrats Apple! I remember when they took on Goliath Microsoft. Started from a couple guys in a garage in America. In mid 1990's almost bankrupt & now #1. It's an American rags to riches, brink to comeback success story. I've been using Apple products since 2007 myself - still loving my Macmini & iphone 5S. (I started with Amiga ) ---
AEB - February 11, 2015 at 6:02pm
OK..now kindly please use that 33% profit for improving the iOS (platform of Apple Devices); well at least make it productively stable ..."Pay it forward", to us consumers, with less greed please..AND that will really define Apple standard..Hoping to make our world better and humans, just a little more happier, at least.
Job blower - February 11, 2015 at 8:55pm
Cough, ios 9 rumor, cough
AEB - February 12, 2015 at 11:40am
..eh wishful thinking?.."rumor"...stability should have been implemented from the 1st or 2nd updates of iOS 8...now we're counting blind.. 8.2 / 8.3 - 8.5, and so on...Duh, iOS 9.x.x.x (it's easy to say than done, now prove it - iOS 9.0.0.0.0
Ren - February 12, 2015 at 11:58am
yes, that's why he said RUMORS!
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