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| Apple Share rose to $122 making it U.S first $700 Billion Company |
The tech Giant Apple Inc. has just crossed $700 Billion worth after stock closing on Tuesday.
AP: Apple has surpassed a new milestone to be the first US company to worth more than $700 Billion Tuesday based on market value of its share at close of trading on Tuesday.
This is almost twice of the net value of Exxon Mobile Corp, the second biggest on the row on the Wall Street.
The fruit company Apple share rose almost 2% on Tuesday closing at $122.02 which gave the company market value of more than $710 Billion. Apple Inc. which has reported record sales and profit figures in recent quarters. But Tuesday was the first time any U.S Company finished the day above that line.
Exxon Mobil Corp. saw its shares fall by 0.6% tuesday and closed with a value of about $385 Billion.
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