Published in News
Apple now valued at $600 billion
Could buy Greece 600 times over
Appleâ€™s shares hit $644 on Tuesday, dragging the tech giantâ€™s market capitalization over $600 billion for the first time in history.
At the height of its power, Microsoft was valued at $619 billion, but it is now worth just over a quarter of a trillion, plus change. However, adjusted for inflation, Microsoftâ€™s record still stands.
Analysts believe the fruity cargo cult stands a good chance of beating the record and becoming the worldâ€™s first trillion dollar company. With no end to the Apple hype in sight, some are predicting that the companyâ€™s shares will hit $1,000 in two years.