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Apple Stock Tops $500 (Briefly)

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    NEWSLETTERS

    Apple stock crossed the $500-per-share threshold Monday morning, as seen on CNBC.com.

    The company is, at $500/share, worth $460,000,000,000. Speculation for an iTV launch may be helping the surge. That market value is, according to CNBC, $8 billion more than Google and Microsoft combined.

    The day's high, as of 7:20 a.m., was $503.83. The 52-week low, for the record, is $310.50, with a 1-year improvement in price of $40.18. That's more than 20 percent in a year.

     According to Standard & Poor's, ExxonMobil was the most recent company to top $500 billion valuation, back when oil prices were at record highs.