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Apple worth $500 billion!0
By - Posted 4th July, 2015 at 9:35 pm

Technology giant “Apple” has officially reached $500+ billion worth of stock market values!

This fabulous piece of news means that Apple is now 1 of only 5 other companies who have reached the $500 billion mark. Microsoft, Cisco, General Electric and ExxonMobil are the only other businesses who have experienced this record and Microsoft were lucky enough to be worth $600 billion at 1 point… the only business to do so!

If what many analysts say is correct, then Apple’s stock market value could rise by 14% in 2012 and therefore put them at a value of $577 billion – incredibly close to the $600 billion mark. However, Apple would need to expand even more and sell millions more products to ensure that this dramatic increase in growth continues. They don’t seem to be doing too badly compared to their start-up in 2002… they have increased their revenue by 4,500% since then and managed to make $46.3 billion in the quarter ending on December 31st 2011.

Also, here’s a piece of trivial knowledge that I bet you didn’t know! Apple’s $500 billion value means that they are worth more than the total GDP (Gross Domestic Produce) of Poland, Belgium, Sweden, Saudi Arabia and Taiwan. Apple would also be able to bail out Greece and still have a spare $50 billion left over.

This news story also comes only 2 months after Apple first reached $400 billion in value – $100 billion in 2 months is extraordinary. It looks like we could be looking at one of only 2 companies that will reach the $600 billion mark!

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