Apple Stock Hits $500, Setting New Record
February 13, 2012

Apple’s market cap is now at $468B, a jump of almost $10B in less than 5 days, and remains the world largest company by valuation, exceeding second place Exxon Mobile by $69B. The company’s stock went up about 40% over the past 12 months. Tim Cook, CEO of Apple, said he was "thrilled" with the company's performance. "Apple's momentum is incredibly strong, and we have some amazing new products in the pipeline," he added.

* All trademarks and copyrights are the property of their respective owners.