Apple (Nasdaq: AAPL), the world's most valuable technology company, continued its tear as its shares keep setting all-time records in Monday trading. After setting record all day, shares closed at a record $665.15, up $17.04, valuing the Cupertino, Calif., company above $623 billion for the first time, more than any other company's prior value.
Investors are holding high hopes for a new generation of Apple iPhones and iPads, as well as totally new products, expected for shipment in the fourth quarter, whcih correspond's to Apple's first fiscal quarter.
Exxon Mobil Corp. (NYSE: XOM) saw its shares fall 45 cents to $87.95 in afternoon trading, lowering the Irving, Tex., energy company's value to $405.98 billion.
Apple's rival, Google (Nasdaq: GOOG), the No. 1 search engine, also saw its shares surge to a new record of $678.87, before easing back to $675.54, down $1.60, cents, valuing the Mountain View, Calif., company at $220.9 billion.
To contact the editor, e-mail: