Apple stock touches $200

Apple stock touches $200

Apple stock finally touched the magical USD 200 market at the stock market. The stock price finally settled down at $198.95 when the NASDAQ market closed on Wednesday.

This happens to be the first time in Apple history that the stock price touched the USD 200 mark.

Apple is on a high with their products being extremely popular in the market this holiday season. Macs are selling like hot cakes and iPhone is also selling in large numbers.

In fact, the stock price value has more than doubled since January this year. Company’s market capitalization at this moment is around an astounding $167.63 billion.

Apple sold more than 2.16 million Macs in their fourth fiscal quarter. In addition, they also sold 10.2 million iPods and 1.12 million iPhones in the same period.