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Apple Becomes 1st $700 Billion Company [VIDEO]

On Tuesday afternoon, Apple became the first U.S. company to close with a value of $700 billion or more. Shares of the company closed up $2.29, or 1.9%, to $122.01.

“It shouldn’t be surprising that record breaking market (valuations) follow record-breaking earnings,” says Walter Piecyk, analyst at BTIG.

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