Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
August 21, 2012 03:34 am GMT

Apples Market Run: Amazing! Magical! Boom! Superlative!

Screen Shot 2012-08-20 at 4.31.41 PMJoking aside, this is remarkable. Apple's market cap now stands at $623 billion. That's a new all-time high for a publicly-traded stock in the U.S. The previous record was $618.9 billion, which Microsoft hit on December 30, 1999.Yes, adjusted for inflation, Microsoft's tally is far higher (about $850 billion), but you should also consider another inflation: that was the height of the tech bubble. The real one, not the fake one that people keep saying we're in now.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/z-5tl2MZPXw/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch