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Monday, March 15, 2010

Apple market cap

BIG APPLE IS RIGHT: Apple stock rode the iPad buzz on Friday to pass Walmart (note the dropping of the hyphen in the official company name) and snag the third-largest market capitalization in the U.S. At the lofty share price of $227.73, Apple's cap calculated to $206.5 billion, according to Digital Music News, whose numbers crunchers helpfully did the math. Apple shares closed at an all-time high of $226.60, hich calculates to a market cap of $205.48 billion. Walmart finished at $53.90, a cap of $205.09 billion. Only Exxon (at $315.38 billion) and Microsoft ($256.71 billion) are larger. (3/15a)

 
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