By Daniel Hunter

Apple have seen the prices of its shares rise above $500 for the first time in the company's history.

The technology giants saw their shares drop down to $3.19 in 1997, but have since seen the company go from strength to strength as the popularity of iPhones and iPads grows every year.

Apple is now worth over $460 billion, having seen the late Steve Jobs revive the company.

Last month, Apple reported record-breaking net profits for the last three months of 2011, up 118% to $13.06 billion from the same period a year earlier.

The profits were the fourth-biggest in US corporate history.

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