With the new iPad set to release this Friday, Apple’s stocks reached a record high of $600 per share. This 1.8 percent increase occurred for a brief time this moment before they settled back to $585. Nonetheless, this jump comes just one month after Apple’s shares broke the $500 mark.
Several analysts, including Gene Munster from Piper Jaffray who predicts’ the shares to rise above $700, have foreseen the stock domination by the company, especially after Apple reported its largest quarter ever in sales, earning $46.33 billion and profiting $13.06 billion.
As a company, Apple is now worth more than 84 percent of the world’s countries, including Argentina, Greece, Denmark and Austria.