Apple remains the world’s most valuable company (after Exxon) with a market cap that this morning exceeded $300 billion, reports declare. On active trade on the Dow Apple (AAPL) rose $7 to hit a new record intraday high this morning — right now Apple stock sits near $330 per share for a market cap of over $302 billion.
This reflects expectations the company has set new sales records across all its product segments in the Holiday quarter and continued high expectation for the iPad 2.0 release, expected to debut by spring following a potential Valentines Day unveiling.
In a related note, Apple will reveal its first fiscal quarter results on January 18, 2011 at 2pm PDT.
FTC: We use income earning auto affiliate links. More.
You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel
Comments