Today (29/02/2012) Apple inc. (APPL:US) Stock hit the record of 542.57, this gave them a total value of $500 Billion.
We saw last year that Apple were, for a day, valued to be the most valuable company in the world, it looked very unlikely that they were to get their stock price any higher. But they have done as we can see. Only last month we saw Apple's stock hit the 500 mark. And today hit 542.57. Will it get any higher? According to the "Law of Large Numbers" Apple will have to expand their product line to keep this level of growth up. So if they do expand we might see a higher stock price. What has Apple got planned for this coming event? Will we see a new product? Is this why the markets are buzzing and getting exited?
We saw last year that Apple were, for a day, valued to be the most valuable company in the world, it looked very unlikely that they were to get their stock price any higher. But they have done as we can see. Only last month we saw Apple's stock hit the 500 mark. And today hit 542.57. Will it get any higher? According to the "Law of Large Numbers" Apple will have to expand their product line to keep this level of growth up. So if they do expand we might see a higher stock price. What has Apple got planned for this coming event? Will we see a new product? Is this why the markets are buzzing and getting exited?
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