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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."

3 of 398 comments (clear)

  1. Given that Apple has more $$$ than most countries by sconeu · · Score: 0, Troll

    Why is Congress paying more attention to the MAFIAA?

    --
    General Relativity: Space-time tells matter where to go; Matter tells space-time what shape to be.
  2. 200+ countries? by Svippy · · Score: 0, Troll

    There are not even 200 countries in the world. The teams that FIFA and the IOC allows to compete are not necessarily actual countries.

    --
    Clicked pie.
  3. Re:If this article... by macs4all · · Score: 0, Troll

    If Microsoft stops supporting Windows, Office, and other software tomorrow; Business IT structure would probably collapse.

    Yeah, because most of them are too lazy or stupid to realize there are alternatives.

    And THAT, my boys, is EXACTLY the ONLY thing that is keeping MS in business.

    So, on behalf of Steve Ballmer, a/k/a Monkey Boy, I'd like to thank the ENTIRE IT INDUSTRY for helping this remain a reality.