Apple, Stocks | featured news

Apple, already the world's most valuable company, hit the $600 billion level for the first time Tuesday....

Apple shares will soon set you back more than a brand new MacBook Air, writes Brian White at Topeka Capital Markets, who initiated coverage of Apple Monday with a ‘buy’ rating and a 12-month price target of $1001 on the stock.

Shares of the Silicon Valley giant has touched $600 for the first time, about a month after reaching the $500 mark.

Apple's market capitalization topped $500 billion in opening trading Wednesday, climbing to a mountain peak where few companies have ventured -and none have stayed for long.

Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.

High-flying Apple stock hit yet another record high Monday on a day when stocks were generally under pressure due to uncertainty about the European debt crisis.

Apple's board awarded new CEO Tim Cook 1 million shares of stock -- provided he stays with the company throgh 2021.

Investors Thursday had a muted reaction to news that Steve Jobs has resigned as chief executive of Apple, sending the high-flying shares down less than 2 percent.

Investors seem to think you want an iPad more than oil, as Apple Inc. became the most valuable company in the United States, surpassing Exxon Mobil Corp. on Wednesday.

Apple Inc briefly edged past oil major Exxon Mobil to become the most valuable company in the United States after days of volatile stock market action.