Today, April 10, 2012, Apple (AAPL) broke the $6000B Market Cap
(for a little bit of this morning)
What that means?
- It is the most valuable company in the world
- Only one other company has hit or broken a $600B market cap, Microsoft for 13 days
- Apple stock up 59% since the beginning of the year.
-Means that Apple's stock has been undervalued
-Projections by analysts that the price per share will reach $800/share, with one analysts goal of $1,001/share
Other News:
-Dividend:$2.65 per quarter, starting in Q4 2012
-Buy back program: $10 billion in shares
Stock:
Purchased most recently at: $471
Current Price at time of posting: $627.48
Today's High: $644.00
In conclusion:
Go us for buying more Apple! We now get 14 shares of the biggest dividends we receive and the price has increase by 1/3!
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