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Apple is the Most Valuable Company Ever

Apple broke another record today. Apple is now the most valuable company of all time.

Aug 20 2012, 2:31pm CDT | by

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Apple is the Most Valuable Company Ever
 
 

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Apple is the Most Valuable Company Ever

Apple's market cap is at $620 billion right now with the stock trading at $663.99. With this value Apple is beating Microsoft's record back in 1999. According to CNBC Apple is now worth as much as IBM, Google, Intel and HP combined.

The Apple stock will not stop now and is on its way to hit $1,000 by beginning of next year as some analysts predict. The iPhone 5 and the rumored iPad mini will be a major revenue driver for Apple. If on top, Apple is coming out the a Cable TV replacement box the value of Apple knows no limits

Disclaimer: I own Apple stock.

 

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Update: 2

Taking Inflation into Account, IBM is the Most Valuable Company in History not Apple

A new report from the Columbia Journalism Review says that IBM was the most valuable company in history 1967 when it reached $1.3 Trillion. This is true if you take inflation into account.

 
Aug 21 2012, 7:06am CDT

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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