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Apple: the most valuable company ever
Shares in Apple, which is listed on New York’s Nasdaq stock exchange, rose past $660 in early trading yesterday taking its stock to a new height and its market capitalisation to more than $619bn (£394bn). Apple is now worth around $200bn more than the world’s second biggest company, Exxon Mobil. The oil major is worth a mere $405bn. The record for the most valuable company had been held by Microsoft whose market capitalisation hit €616.3bn at the height of the dot.com bubble in December 1999, according to Howard Silverblatt, an S&P index analyst in America. Now Apple’s iPhone revenues generate more than ... (full story)
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