Apple shares hit $500 for the first time

Apple seems to be a company that cannot do any wrong – in terms of its share price, anyways. Apple’s shares have actually touched the $500 mark for the first time today, which is another watershed moment for the technology giant.

Of course, it goes without saying that the recent spate of devices that rolled off Cupertino’s production lines have proved to be hit after hit, with the iPhone and iPad being the latest two devices that have boosted Apple’s bottomline tremendously.