Tuesday, August 21, 2012

Apple Most Valuable Company Ever

At $622 billion the Cupertino-based giant is $3 billion bigger than the previous record. Set by Microsoft at the end of 1999. If we factor in inflation Apple has still another quarter of a trillion dollars to climb. As the LA Times reminds us the company founded by the two Steves was worth less than $10 billion eight years ago.

Nice rate of return. And I hope you've become smarter by reading the iBio.

1 comment:

Bruno said...

But when you adjust for inflation, Apple is still behind Micro$oft when it was at its peak. (Seems the IBM thingey was wrong)