Post: Apple Becomes Most Valuable Company In The World
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08-20-2012, 04:23 PM
#1
Pixie Lott
Keep it MeLLo
Yea not really iOS but its Apple
The time when Apple did it..
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Apple’s stock has taken down several major milestones in the past couple of days. Last Thursday, AAPL closed at an all-time high of $636.34 per share, and it has since surpassed its all-time high of $644.
Today, the stock is trading at a staggering $665. And given the fact that it has 937.41 million shares outstanding, that gives it a market cap of $623.05 billion — the highest ever for a publicly-traded company…
Apple surpassed the record for highest market cap today, a title held by Microsoft since late 1999.
MacRumors does the math:
Next month, Apple is expected to unveil several new products, including an all-new iPhone, a smaller tablet, and a line of revamped iPod products. Needless to say, analysts are expecting a record-breaking holiday quarter.
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The time when Apple did it..
You must login or register to view this content.
Apple’s stock has taken down several major milestones in the past couple of days. Last Thursday, AAPL closed at an all-time high of $636.34 per share, and it has since surpassed its all-time high of $644.
Today, the stock is trading at a staggering $665. And given the fact that it has 937.41 million shares outstanding, that gives it a market cap of $623.05 billion — the highest ever for a publicly-traded company…
Apple surpassed the record for highest market cap today, a title held by Microsoft since late 1999.
MacRumors does the math:
Originally posted by another user
“Microsoft’s market capitalization peaked on December 30, 1999, reaching an intraday high of $119.94 per share. With Microsoft having documented 5,160,024,593 outstanding shares as of October 31, 1999 in its quarterly earnings report, the company would have had a market capitalization of $618.89 billion on December 30.”
Next month, Apple is expected to unveil several new products, including an all-new iPhone, a smaller tablet, and a line of revamped iPod products. Needless to say, analysts are expecting a record-breaking holiday quarter.
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The following 2 users say thank you to Pixie Lott for this useful post:
08-31-2012, 10:02 AM
#13
leonseelkopf
Do a barrel roll!
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