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Friday, November 14, 2014

Apple market cap hits new high

WE STILL CAN’T SEE THE TOP: At Thursday’s high of $113.45, Apple market cap hit an all-time high of $665.3 billion, WSJ reports. Shares closed up 1.4% at $112.82, also a high since the 7-1 stock split in June, which set its market cap at $652.5 billion. Shares have risen 15% since the Sept. 9 unveiling of the new iPhones and Apple Pay. The other top companies by market cap are Exxon Mobil ($403.9 billion), Microsoft ($402.1 billion), Google $375 billion), Berkshire Hathaway (B shares, $358.4 billion) and Johnson & Johnson ($304.4 billion). (11/14a)

 
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