Apple Money
Apple on Monday became the most valuable U.S. company in history — sort of. The company’s market capitalization surpassed the previous record of about $619 billion achieved by Microsoft in December 1999, though that figure balloons to $842.5 billion when accounting for inflation. According to Topeka Capital Markets analyst Brian White, Apple will soon become the most valuable company of all time with or without inflation as its market cap sails to $1 trillion and beyond. In a note to investors on Tuesday, White called Apple the “trillion dollar baby.” Read the full story at Boy Genius Report.
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