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APPLE REACHES $700 BILLION IN MARKET CAP

APPLE REACHES $700 BILLION IN MARKET CAP
Having last peaked back in September 2012 at $658 billion USD, today Apple reports its latest market cap has reached a record-breaking $702 billion USD at $120 USD per share. CNBC points out however that if you take inflation into account, Microsoft was estimated to be worth nearly $874 billion at its highest point in 1999. Considering the tech brand issued $143 million USD in stock back in September and demand for its latest innovations are quite promising going into the holidays, analysts wonder when Apple will be our first trillion dollar company.