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.
iPhone 5, iPad mini and Apple HDTV to make Apple a trillion-dollar company
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).