Apple Becomes The Largest Company Ever

August 21, 2012 3:44pm by

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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.

Comment

As the story above states, Apple has officially become the largest company by market capitalization in history. The table below highlights some other companies along with their peak market capitalizations for comparison.

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