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Apple Reaches $200 Billion in Market Capitalization

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Fueled by Friday's announcement of a shipping date for the iPad, Apple's stock price has jumped over 6% in recent trading, pushing the company beyond $200 billion in market value for the first time in its history. AAPL currently sits at over $223 per share.

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Apple currently holds the fifth-largest market capitalization among U.S. public companies, behind Exxon Mobil, Microsoft, Wal-Mart, and Berkshire Hathaway.

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