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Apple continues to defy gravity, stock hits $600
Mar 15th, 2012
NEW YORK (Reuters) - Every couple of weeks it's nice to look back and see just how far Apple has come. Shares of the iPad and iPhone maker eclipsed the $600 barrier for the first time on Thursday, only about a month after topping the $500 mark for the first time. Just a day before Apple's new iPad becomes available in stores the stock ticked up to $600.01 at Thursday's open before selling off. The new iPad, at a starting retail price of $499 is cheap compared with one share of stock. Apple's rally has been stunning - the stock is up 47 percent for the year and nearly 10 percent for the month. ... (Source: Reuters) -
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