Apple Stock has reached an All-Time high of $300/Share early this Wednesday. The company run by Steve Jobs & located in Cupertino, California has now a market capitalization of around $275 Billion. A poll of financial analysts put the Wall Street consensus at $350 per share.
Apple is nearing the company of Exxon-Mobile, the largest company in history. Exxon-Mobile closed on Tuesday with a market value of $329.44. Monday, Oct. 18 many people expect Apple to announce record sales for the 4th Quarter, the first full quarter for the brand new iPhone 4.
Apple’s stock has risen an amazing 43% so far in this year… that’s quite an accomplishment! Let’s see what Apples 4th Quarter looks like.