16 Mar 2012

Apple shares break through the $US600 mark

2:00 pm on 16 March 2012

Shares in Apple have reached another record high, continuing their meteoric rise.

Shares of the iPad and iPhone maker eclipsed the $US600 barrier for the first time during trading on Thursday, less than a month after topping the $US500 mark for the first time.

Last month, Apple became only the sixth company in US history to top $500 billion in market capitalization, a significant move for a company whose stock traded at $10 dollars about a decade ago.

Apple makes up about 18.5% of the Nasdaq.