Apple Is Now Worth More Than Any Other Publicly Traded Company Ever
August 20, 2012
Apple is now the most valuable publicly traded company of all time. Earlier today, Cupertino’s stock price hit $660.41, with a market cap of $618.94 billion. This beat Microsoft’s value of $618.89 billion recorded on December 30, 1999, according to MacRumors.
As of this writing, Apple’s stock is now up $13.49, or 2.08 percent from last week’s close. This comes just two business days after Apple disbursed dividends to their stock holders for the first time in 17 years.
According to Bullish Cross’ Andy Zaky, the stock could hit $700 a share before the sixth-generation iPhone debuts, most likely on Sept. 12.
Now, if some of us could go back in time and not sell our Apple stock for $100 a share ...
Source: MacRumors