ITWire

Home Industry Listed Tech Apple is the most valuable company ever (maybe)

Apple is the most valuable company ever (maybe)

Apple is the most valuable company ever (maybe) Featured
Get all your tech news delivered to your mail box five days a week
iTWire UPDATE - it's FREE!


During trading today, Apple's share price exceeded Microsoft's record-breaking valuation from many years ago.

During trading on NASDAQ today, Apple Corp (AAPL) reached a closing price of $US665.15 (up 2.63% on the day) and at the time of writing was a little higher in after-market trading at $US665.39.

This has finally beaten Microsoft's 1999 intra-day valuation record of $US620.58B set on December 30th.

Of course this does not take account of inflation – Microsoft's 1999 peak valuation would represent a market capitalisation of $US850B in current dollars.
Apple has been the most valuable company in the world since December 2011 when it surpassed Exxon's valuation and now is worth in excess of 50% more than that company.

Currently, Apple is riding the wave of support for the upcoming iPhone 5 (or whatever it is to be called) and amongst many other outlets, iTWire has written extensively about this upcoming release.

This is of course is a far cry from the fortunes currently experienced by a certain social media darling organisation who's share price seems to be on a rather terminal decline. A share price of $38 on opening just a couple of months ago and less than $20 now is hardly a vote of confidence.

ITWIRE SERIES - CIO SUMMIT GOLD COAST

For CIOs & Senior IT Management Summit on the Gold Coast!

This event has been personally vetted by the iTWire CEO who has attended four of these conferences in the past and is an event you cannot afford to miss!

We can guarantee that this conference is of great value. Network with fellow CIOs and IT Mgrs and hear Glenn Archer CIO, Australian Government Information Management Office (AGIMO), Matt Barrie, Award-winning Entrepreneur to provide insights on Navigating Your Entrepreneurial Initiatives in a Hyper-connected New World, Stephen Tame, CIO & Head of Group Information Technology, Jetstar, Tim Thurman, CIO, Australian Securities Exchange (ASX).

LIMITED PLACES REGISTER NOW

David Heath

joomla statistics

David Heath has over 25 years experience in the IT industry, specializing particularly in customer support, security and computer networking. Heath has worked previously as head of IT for The Television Shopping Network, as the network and desktop manager for Armstrong Jones (a major funds management organization) and has consulted into various Australian federal government agencies (including the Department of Immigration and the Australian Bureau of Criminal Intelligence). He has also served on various state, national and international committees for Novell Users International; he was also the organising chairman for the 1994 Novell Users' Conference in Brisbane. Heath is currently employed as an Instructional Designer, building technical training courses for industrial process control systems.

More in this category: « SMS plans Vietnam surge 'Record performance' for MyNetFone »
back to top


Services

Company

Community

Connect

http://bs.serving-sys.com/BurstingPipe/adServer.bs?cn=tf&c=19&mc=imp&pli=5460041&PluID=0&ord=[2000]&rtu=-1