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Dublin: 14 °C Tuesday 26 May, 2020

Apple shares hit record high of $600

Investors are salivating at the imminent iPad3 release.

Image: Richard Drew/AP/Press Association Images

SHARES AT APPLE reached a record $600 earlier today as markets anticipate a successful first day of sales for the third generation of the iPad.

The new iPad goes on sale tomorrow.

After a morning surge which brought shares to the $600 mark ($600.01 to be exact), stock fell back and closed at $585.56. Even still, that closing price gives the company a whopping $552 billion valuation.

It also means that the company has seen its stock rise from a record $500 to $600 in just one month. Share prices have risen steadily for Apple over the past three years.

According to Bloomberg, Wal-Mart will begin selling iPads from midnight – before even Apple stores themselves.

Related: £50 iPads will not be delivered by Tesco>

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