Apple Now The Most Valuable Company Ever Of All Time Surpassing Microsoft. Apple has market capital of $623 billion which is an all time record for any public limited company. They broke the previous record put by Microsoft of $618.9 billion back in 1999. Share price has gone high on Monday.
This year, Apple’s stock price has increased significantly mainly because of boosting iPhone 4S sale, iPhone 5 to be unveiled recently & a mini iPad on the verge of revealing. The second largest company is Exxon Mobil, which is worth over $200 billion less than Apple. Microsoft is worth almost $400 billion less than Apple with current market capital $256.7 billion.
On Monday, Apple share price has increased about $16 per share to hit $664.74 in late morning trading. With 937.41 million outstanding shares, Apple is now worth $623 billion.
Via Fortune
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