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Apple Passes $600 a Share for First Time on IPad Anticipation

Apple Inc., getting a boost from anticipation of the new iPad, rose past $600 for the first time.

The shares gained as much as 1.8 percent to $600.01, before retreating to $592.8 at 10:41 a.m. in New York and giving the Cupertino, California-based company a market valuation of about $552 billion.