Yes, Apple Does Rule the World
Or so it seems. On Monday, the Cupertino-based company became the world’s most valuable company ever, with its value reaching $621 billion.
Apple broke the record for market capitalization previously set by Microsoft Corp. The company’s stock has hit new highs recently as well with news of the impending launch of the iPhone 5 and the possibility of a smaller, cheaper version of the popular iPad tablet.
Apple has been the world’s most valuable company since late last year and is now worth more than 53 percent more than the second most valuable company, Exxon Mobile Corp.
