Monday, August 20, 2012

Apple becomes most valuable company of all time

NEW YORK (Reuters) - Apple Inc became the most valuable public company of all-time on Monday when the combined value of its shares exceeded a previous record set by Microsoft.

Apple traded at $664.74 to give it a market value of $623.14 billion, above the record set by Microsoft of $620.58 billion set in 1999 at the height of the tech bubble, according to data provided by S&P Dow Jones Indices.

(Reporting By Edward Krudy; Editing by Kenneth Barry)

Source: http://news.yahoo.com/apple-becomes-most-valuable-company-time-164509273--finance.html

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