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Apple shares are experiencing a very successful period, today Apple's market value broke the $700 billion mark for the first time and set a new historical record. The shares of the Californian company are growing in a rocket way, just two weeks ago Apple's market value was around 660 billion dollars.

Since Tim Cook took the helm of Apple in August 2011, the company's market value has doubled. Apple shares reached their all-time high in September 2012, when (in August) the apple company's market value broke the 600 billion mark for the first time.

Apple's stock value has risen by nearly 60 percent over the past year, up 24 percent since the last October keynote where Apple introduced the new iPads. In addition, another strong period and growth is expected on Wall Street - Apple is expected to announce record Christmas sales of iPhones and at the same time start selling the expected Apple Watch next spring.

To compare how Apple's stock is doing, the second most valuable company in the world right now - Exxon Mobil - has a market value of just over $400 billion. Microsoft is attacking the $400 billion mark, and Google is currently valued at $367 billion.

Source: MacRumors, Apple Insider
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