Apple's Market Capitalization Hits $500 Billion, Stock Up 34% in 2012

Apple's stock has hit yet another psychological milestone today, pressing through to reach $500 billion in market capitalization. Apple passed the milestone in after-hours trading yesterday, but has just now passed it in regular trading as the trading day opens.

aapl 500b market cap
At the end of January, we noted that Apple had seen a remarkable 50-point gain during the first month of 2012 that saw the company's stock price increase by nearly 13%.

Amazingly enough, Apple's stock growth has only accelerated in February as anticipation for the iPad 3 and optimism over the company's continued strong financial performance has attracted investors. As Apple hits the $500 billion market cap milestone and is currently sitting at over $507 billion, it is now up over 34% in the first two months of 2012.

Top Rated Comments

Kaibelf Avatar
125 months ago
Blah blah blah Apple's a flop now that someone new is in charge Blah blah blah Android has more activations so they must make more money Blah Blah Blah Foxconn news is tanking the company Blah Blah Blah the iPhone4S won't sell, it's only a minor upgrade blah blah blah Samsung is the world's best company ever in the history of man blah blah blah it's only for hipsters and creative people blah blah blah they don't even make products with a stylus blah blah blah ..... oh...... 500 billion market cap?..... um..... carry on then. :rolleyes:
Score: 11 Votes (Like | Disagree)
thelonelylimo Avatar
125 months ago
500 more to go. :D
Score: 10 Votes (Like | Disagree)
napabar Avatar
125 months ago
MSFT was worth $642 billion in September 2000 (http://money.cnn.com/galleries/2010/fortune/1002/gallery.biggest_losers.fortune/4.html).

Also, Cisco and Intel both peaked at over $500 billion in 2000.

And that was during the Dot Com bubble! Apple's doing this in a ****ty economy!
Score: 7 Votes (Like | Disagree)
AppleDroid Avatar
125 months ago
If I had invested in 2005 I would be sitting on close to 300k in stock right now. Excuse me while I go cry into my coffee.
Score: 7 Votes (Like | Disagree)
1080p Avatar
125 months ago
I wish I had spent money on APPL stock instead of buy their products. I'd be richer today. :apple:
Score: 7 Votes (Like | Disagree)
kckl Avatar
125 months ago
If you are a truly Apple Supporter like me...

I bought it at $8.6/share right before they announced Jobs came back to Apple. Apple was dying and I thought it's good to support them even though it might go bankrupt. And I'm still holding it.
Score: 6 Votes (Like | Disagree)

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