Stocks, Electronics | featured news

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.

Investors purchased roughly 850 calls at the Dec. 11 $19 strike for an average premium of $0.53 each, and snapped up nearly 700 of the Dec. '11 $20 strike calls at an average premium of $0.39 apiece. Call buyers at these strikes may profit at expiration next week in the event that shares in Research in Motion surge 6.7% and 11.4% over the current price of $18.30 to surpass the average breakeven prices of $19.53 and $20.39, respectively.

Investors were not blown away by Tim Cook Apple event today. With no news of the iPhone 5 at today's Apple event, the Cupertino-based company is seeing its stock drop in value.

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.