Site icon MacTech.com

Apple moves toward $500 billion market cap

DollarSign.jpg

Apple has surpassed US$400 billion in market capitalization, as analysts predict the tech giant will hit the half trillion dollar mark, reports “The Street” (http://macte.ch/HnFoz).

Goldman Sachs recently boosted its share price target to $550 per share. Other analysts, such as Barclays Capital and Piper Jaffray have even higher price targets, $555 and $607, respectively. Using Goldman’s $550 share price target, Apple’s market capitalization would be just over $512 billion, notes “The Street.”

Exit mobile version