AppleInsider | Apple market capitalization tops $300 billion
Investors displayed renewed confidence in Apple's 2011 plans by lifting the company's stock seven points to $329.57 at close of market on Monday. The gains added $6 billion in value to the Mac maker, bringing its market capitalization to $302.32 billion.
Wow. Apple is holding steady, apparently, as the second most valuable company in the world by market-cap, behind Exxon Mobil. (Can you imagine a day when the largest company in the world isn't an oil company? Could be interesting.) Analysts believe Apple's stock price could go north of $500 (assuming no splits, which Steve seems not to favor) even though nobody expects a breakout product next year -- just more iPhone, iPads, Apple TV, a $2 billion Mac App Store, etc.
Maybe I'll buy a share. Even after 20 years of following the company, I've never owned Apple stock!
