Apple becomes first US company to close over $700bn in value
Apple shares closed at an all-time high on Tuesday, as the tech giant became the first US company to close with a market capitalisation of over $700bn.
Apple Inc.
$225.00
12:54 15/11/24
-1.41%
-$3.22
Nasdaq 100
20,394.13
12:15 15/11/24
-2.40%
-502.54
As of close on Tuesday, the Cupertino-based group, which had traded at over $700bn in intraday trade on 25 November, was valued at $710.8bn or $122.02 a share, after rising 1.92% on the day.
Since Apple's IPO in December 1980, the company's market value has risen more than 50,600%.