Tuesday, August 21, 2012

Apple Becomes the Most Valuable Public Company Ever - John Paczkowski - News - AllThingsD

Value different
"Apple’s stock price rose more than $16 this morning, to a new high of $664.74 in late-morning trading. And with 937.41 million shares outstanding, that pushed the company’s market cap beyond $623 billion. That’s an all-time record for a publicly traded company, beating out Microsoft, which claimed the title back in December 1999, when its market value hit $616.3 billion. (Addendum: As noted below, that does not take inflation into consideration; in inflation-adjusted dollars, Microsoft was worth about $850 billion at the end of 1999.) Microsoft today is valued at about $257.6 billion."
Apple Becomes the Most Valuable Public Company Ever - John Paczkowski - News - AllThingsD
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