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Apple Market Cap Surpasses $700B

  • , Tuesday, November 25, 2014 11:51 AM
Steve Jobs would be proud. Setting a new record for U.S. corporations, Apple’s market capitalization surpassed $700 billion, this week. “That puts Apple at 1.7 times the capitalization of the world’s second-biggest company, Exxon,” Bloomberg notes. “Confidence in Apple has been growing since the company unveiled larger-screened iPhones in September, followed by slimmer and faster iPads in October.”

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