Apple Tops $600 Billion Market Value After Climb to High
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Apple Inc.’s shares rose to a record and the company’s market value surpassed $600 billion on speculation that production has started on a smaller version of the iPad tablet as well as a new television product.
The shares climbed 1.9 percent to $648.11 at the close in New York yesterday, for a market capitalization of $602.3 billion. The stock of the world’s most valuable company has gained 60 percent this year.