∞ Apple's market cap passes $300 billion

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It’s been a good start to 2011 for Apple — the company’s market cap passed $300 billion for the first time.

[ad#Google Adsense 300x250 in story]Apple’s stock traded at a a new high on Monday, passing $330 per share. At the time this story was written, the stock is trading at $329.75, up $7.19 or 2.23 percent from the opening price of $322.56.

With a market cap of $302.48 billion, Apple is the most valuable technology company in the world. With its valuation, Apple trails only Exxon Mobile in market cap as the most valuable company in the world. Exxon is valued at $368 billion.

In May 2010, Apple passed Microsoft in market cap, which at that time was at $228.56 billion.


  • Anonymous

    Thank you, Steve Jobs, for ignoring all the idiots, going your own way, and lighting up the world with your stunning creativity. And thanks for the AAPL!

  • $320AShareMakesMeGrin>8-)

    No matter how high Apple’s market cap gets, how much money Apple makes in revenue or how many retail stores it opens, the doomsayers believe that Apple is on the verge of failure. I’m not sure what type of reasoning that is. Apple never appears to be secure. The doomsayers have been saying that Apple is going out of business for years. Through the iPod era, the iPhone era and now the iPad era, Apple is surely going out of business.

    Consumers are buying more Apple products than ever before and still, Apple is going out of business. Apple’s market cap was too high at $200 billion and now it’s way too high at $300 billion. That growth is a definite sign of a company on verge of a collapse, if I interpret it correctly. So, the larger Apple gets, the greater the risk of failure. I honestly never knew that’s how businesses were. I always thought the wealthier a company got, the stronger it became. Maybe things have changed about how businesses are run.

    The only thing the Apple doomsayers are saying that makes some sort of sense is that Apple builds products nobody needs and when they find out they no longer need them, Apple will immediately collapse. I think that consumers don’t precisely know their needs from their wants and that might keep Apple making money for a long time.

  • Anonymous

    Apple is a great company and has been the leader for more than 20 years, they are finally getting the recognitio­n they deserve. Anyone in the design & music field will tell you how they love it.
    and everything you may want to know about Apple’s product.

  • http://www.loanpackage.net Fresno Real Estate

    It’s all in the marketing, and Apple has sold an image of its product that is so cool to be a part of. How else can a company sell products that are nearly 100% homogenous to lower priced competing products, and still kicking their butts?