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AAPL flirts with $600 today


Apple's stock soared on Wednesday and now it is poised to cross the US$600 mark. As noted by CNN Money, the stock hit $600 once and has fallen back down to $598 at the writing of this post. As The Wall Street Journal points out it took Apple 34 trading days to jump from $400 to $500 and a mere 23 days from $500 to $600.

With strong iPad sales expected tomorrow, it's highly likely the price will go over $600 and stay there sometime today. This threshold will push Apple's market value even higher. It's currently sitting at the $556 billion mark which, according to a report in Wall Street Pit, is just below the 2011 GDP for Saudi Arabia.

[Via CNN Money]

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