Apple Inc. (AAPL) Stock Doing Exceptionally Well, With 50 Point Gain in January

 In Apple

Late Apple CEO, Steve Jobs once led Apple Inc. (AAPL) with unparalleled commitment and strategy that many had never experienced before, and under his leadership, AAPL continued to improve each year. However, Apple’s latest stock quote shows signs of exceptional growth in the month of January, led by new Apple CEO Tim Cook, who filled the position in August 2011 after Steve Jobs stepped down.

Stock trading came to a close on Tuesday for the month of January and Apple experienced strong earnings with a gain of over 50 points, an increase in price of over 13%. This is partly associated with Apple’s exceptional Q1 of 2012, posting a revenue of $46.33 billion and a net quarterly profit of $13.06 billion a week ago.

The markets closed at $456.48 today after touching $458.24 early in the day’s trading, a new record for Apple. Apple’s market capitalization is now above $425 billion passing Exxon Mobil’s stock price with a $25 billion lead.

This leads Apple to claim the spot as world’s most valuable publicly-traded company, consistently growing as one of the bigger corporations in the United States and one of the biggest with over $97.6 billion in cash.

{via Mac Rumors}


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