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Apple Is Now the Most Valuable Company In History

Posted by samzenpus on from the show-me-the-money dept.

derekmead writes "Apple, as of this morning, is valued at $621 billion, thanks to a stock price that spiked at $663.10 per share (and that has risen this afternoon). That finally beats Microsoft, who previously held the record for most valuable company in 1999 at $619 billion. Incredibly, Apple has almost doubled its valuation in the last year, when it topped Exxon-Mobil for most valuable American company with a valuation of $346 billion. It's not the cleanest comparison, but to give you an idea of how much $621 billion actually is, only 23 countries had a GDP higher than that in 2011. So, basically, Apple alone is worth more than what 200+ countries in the world could produce in an entire year."

4 of 398 comments (clear)

  1. Selll your stock. by Torinaga-Sama · · Score: 5, Funny

    Issac Newton knew a thing or two about apples. What goes up must come down.

    --
    (/local/home/curiosity)-#who -u|grep thecat|cut -c 44-49|xargs kill -9
  2. Re:If this article... by Anonymous Coward · · Score: 5, Funny

    If Apple stops pumping iPods, iPhones and iPads tomorrow, what's the worst that will happen?

    Mass riots of Fanboys would commence and might be worse then running out of gas.

  3. The secret to Apple's success by DRichardHipp · · Score: 5, Funny

    http://www.sqlite.org/apple-and-sqlite.gif ;-)

  4. Re:If this article... by CubicleZombie · · Score: 5, Funny

    Let's compare meaningful value.

    If Apple stops pumping iPods, iPhones and iPads tomorrow, what's the worst that will happen?

    If Exxon-Mobil stops pumping out oil and refining gas, diesel and jet fuel, what's the worst that will happen?

    I think option #2 is best, I can live in an iMicrocosm, as long as I get clean air and water to breathe and drink.

    If Exxon stopped pumping oil, instead of a truck delivering your iPhone, it would be carried on the back of a Unicorn and floated gently down a rainbow to your doorstep.

    --
    :wq