Apple Becomes the Biggest Stock in History

0 Posted by - August 21, 2012 - Art & Fashion, Career & Business, Economics, Film & Television, Literature, Money, Music, Science, Video Games & Apps

20120530wallstreetapple 300x199 Apple Becomes the Biggest Stock in HistoryApple is Wall Street’s all-time MVP -that’s Most Valuable Property.

On Monday, Apple’s surging stock propelled the company’s value to $624 billion, the world’s highest, ever. It beat the record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom.

After a four-month dip, Apple’s stock has hit new highs recently because of optimism around what is believed to be the impending launch of the iPhone 5, and possibly a smaller, cheaper iPad.

CONTINUED at AP.

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