Friday, March 16, 2012

The Golden Apple

Apple continues to defy gravity as stock hits $600.
"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, costs less than one share of stock.

Apple Inc's rally has been stunning - the stock is up 47 percent for the year and nearly 10 percent for the month."
Apple currently accounts for about 18.5 percent of the Nasdaq 100 stock index. Wow.

Related: Purchase Walter Isaacson's biography of Steve Jobs from Amazon.