apple stock

Apple Now Worth More Than Microsoft and Google Combined

Posted in Apple, News on 09/02/2012 by J. Glenn Künzler

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Apple’s stock soared to incredible new highs of nearly $500 today on iPad 3 speculation, raising their market cap to over $465 billion – greater than the value of Microsoft and Google combined!

By comparison, Microsoft’s cap sits near $257 billion, while Google’s sits at around $199 billion (at the time of this writing), with AAPL up over 4%. In addition to the iPad 3 rumors, the value is up significantly on recent reports of all-time record earnings reflecting the company’s best quarter ever ending December 31st.

Apple currently remains the most valuable company in the world, having exceeded Exxon’s value by over $60 billion. Woohoo! With the iPad 3 right around the corner, it’s only a matter of time before Apple’s stock exceeds $500 for the first time ever.



Author

J. Glenn Künzler

Glenn is Managing Editor at MacTrast, and has been using a Mac since he bought his first MacBook Pro in 2006. Now he's up to his neck in Apple, and owns an old iBook, a 2012 iMac with an extra Thunderbolt display for good measure, a 4th-generation iPad, an iPad mini, 2 iPhones, and a Mac Mini that lives at the neighbor's house. He lives in a small town in Utah, enjoys bacon more than you can possibly imagine, and is severely addicted to pie.