NEW YORK (TheStreet) -- Shares of Apple
(AAPL - Get Report)
are gaining, up 0.43% to $122.54 in pre-market trading Wednesday,
adding to gains from yesterday when the iPhone maker became the first
U.S. company to close with a market capitalization above $700 billion.
CEO Tim Cook attributes Apple's success to being able to sell pricey products to Chinese consumers, as well as its ability to ignore commonly accepted beliefs about big companies, according to the Wall Street Journal.
The next largest company after Apple is oil giant Exxon Mobil (XOM) , which is currently worth $382 billion.
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Apple shares rose yesterday after announcing its partnership with First Solar (FSLR) on a 3,000 acre solar energy farm to send electricity to the tech giant's offices in California, CNNMoney reports.
Combined with Apple's best quarterly earnings ever in January, the ongoing expansion of Apple Pay, and its successful bond sale last week, investors remain excited about the company, CNNMoney added.
Separately, TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
Read more at Click here / www.trade4x.net
CEO Tim Cook attributes Apple's success to being able to sell pricey products to Chinese consumers, as well as its ability to ignore commonly accepted beliefs about big companies, according to the Wall Street Journal.
The next largest company after Apple is oil giant Exxon Mobil (XOM) , which is currently worth $382 billion.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Apple shares rose yesterday after announcing its partnership with First Solar (FSLR) on a 3,000 acre solar energy farm to send electricity to the tech giant's offices in California, CNNMoney reports.
Combined with Apple's best quarterly earnings ever in January, the ongoing expansion of Apple Pay, and its successful bond sale last week, investors remain excited about the company, CNNMoney added.
Separately, TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
Read more at Click here / www.trade4x.net
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