Apple’s stock passes $500 a share for the first time

Posted on Feb 13 2012 - 10:02am by Mike Wewerka
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We reported last Friday that Apple was close to surpassing $500 a share, but it only topped out at $497 dollars. Today however that is a different story as finally, for the first time in the company’s history, they’ve passed the $500 a share mark. Now one single share of Apple costs more than an iPad.

Apple 500 share Apples stock passes $500 a share for the first time

We know that not everyone who reads is an Apple fan, but even those of you who prefer other companies have to admit that this is an amazing feat. The fact Apple has continued to rise in value despite the passing of co-Founder Steve Jobs is a testament to the company’s solid footing, something some analysts thought would crumble without Jobs. When you consider that Apple stock was valued at $378.25 at the time of Jobs passing, Tim Cook must be doing something right, because Apple’s value has now surpassed over $460 billion.