Apple Become The Most Valuable Company Ever At $710 Billion
Big news today as Apple Become The Most Valuable Company Ever. The company have reached a market value of a massive $700 billion (about £458 billion). Shares in the IT giant rose 1.9% to close at $122.02, which lifted Apple’s market value to $710 billion, which made it the first company in history to reach a valuation of $700 billion.
Apple CEO Tim Cook said: ‘We’ve taken (the mobile operating system) iOS and extended it into your car, into your home, into your health. All of these are really critical parts of your life. We want one seamless kind of life. And so, I think that is huge for our future…We also did a lot of things to further our global footprint. And so, if you look at what we’ve done in China, we’ve opened more stores there. We’ve opened a lot more distribution there. Through the world, we’ve opened almost 20,000 new points of sale. We’ve opened 27 new Apple Stores, lot of flagship stores.”