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.
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.
Popular Stories
It's now been a few months since the M1 Pro and M1 Max MacBook Pro models launched in October, and MacRumors video editor Dan Barbera has been using one of the new machines since they debuted. Over on the MacRumors YouTube channel, Dan has shared a three month review of his MacBook Pro to see how it has held up over time and how it's changed his workflow.
Subscribe to the MacRumors YouTube ...
Apple's AirPods have been credited with saving a woman's life after a potentially fatal fall, People reports.
When a 60-year-old florist in New Jersey tripped and hit her head in her studio, she lost consciousness and awoke heavily bleeding. With nobody around to call for help, she realized she had her AirPods in, and used a "Hey Siri" command to call 911. An operator was able to stay on the ...
Apple suppliers will begin producing display panels for the third-generation iPhone SE this month, with final assembly of the device likely to start in March, according to information shared by display industry consultant Ross Young.
Based on this production timeframe, Young believes the third-generation iPhone SE is likely to launch in the second half of April, or perhaps in early May at...
Apple will no longer include EarPods with every iPhone sold in France, starting on January 24, according to a notice posted by a French carrier (via iGeneration). Apple was previously required to include EarPods in the box with the iPhone due to a French law that required every smartphone sold in the country to come with a "handsfree kit," but the law has now been changed in favor of reducing the ...
Earlier this week, Bloomberg's Mark Gurman tweeted that Apple "will be holding a spring event" to announce a new iPhone SE and other hardware. In a recent edition of his newsletter, Gurman said the event is likely to occur in March or April.
Gurman did not elaborate on what "other hardware" will be announced at Apple's purported spring event, but rumors suggest at least four products are...
Wednesday January 19, 2022 2:22 am PST by
Sami FathiApple is now requiring that customers in the United States verify that they're active students, teachers, or staff members at an educational institution in order to access education discounts on products.
Previously, little verification was needed for customers to purchase products through Apple's education store in the United States. Apple's education stores offer models of the iPad and Mac ...
Apple today released a new 4C170 firmware update for the AirPods 3, an update from the prior 4C165 that was made available in December.
Apple does not offer details on what's included in new firmware updates for the AirPods, so we don't know what improvements or bug fixes the new firmware brings.
There is no standard way to upgrade the AirPods software, but firmware is...
Thursday January 20, 2022 3:32 am PST by
Sami FathiApple patched two significant security vulnerabilities when it released iOS 15 that could have potentially exposed users' private Apple ID information and in-app search history to malicious third-party apps and allowed apps to override user Privacy preferences, Apple has revealed in a recent support document update.
With most iOS, macOS, tvOS, and watchOS updates, Apple provides a list of...
The watchOS 8.4 release candidate that was seeded to developers and beta testers this morning addresses an ongoing bug that could cause some Apple Watch chargers not to work properly with the Apple Watch.
Back in December, we reported on a growing number of charging issues that Apple Watch Series 7 owners were facing. Since watchOS 8.3, there have been a number of complaints about...
Top Rated Comments
And that was during the Dot Com bubble! Apple's doing this in a ****ty economy!
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.