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Apple has just become the world’s first $700 billion company, after shares of AAPL closed at $122.02, a new split-adjusted all-time high for the iPhone giant.
With this record close, Apple now sits at a massive $710,000,000,000 market cap – twice the size of Microsoft and largely beating oil-giant Exxon, who is in second-place at $385 billion
Apple’s stock has been roaring back to life after Apple’s record iPhone sales smashed analyst estimates, the company has been giving more money back to shareholders, and it reached a $100 billion cash reserve
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