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MarketBeat (WSJ Blog) – Apple’s Market Value: To Infinity and Beyond!
Apple is now the most valuable company of all time. Shares are rising again this morning, continuing the sharp run-up of the past few weeks that has propelled the tech juggernaut to its all-time high. The stock recently rose 1.8% at $660, pushing Apple’s market capitalization up to $619 billion, FactSet data show. The previous historical record for top market cap belonged to Microsoft, whose market value topped out at $616.3 billion in December 1999, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. Now Apple holds the distinction as the most valuable company by market capitalization. Apple’s market cap is also more than $200 billion greater than Exxon Mobil – the second biggest company right now clocking in at $405 billion. Microsoft, Wal-Mart and IBM round out the top five.