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Friday, August 24, 2012

Apple now has the biggest market cap at $623 billion

Ateneo Professor on Entrepreneurship

From Reuters

Apple, riding  on the success of its iPhone became last Monday the company with biggest market cap at $623.00 billion exceeding Microsoft capitalization peak at $62l.00 billion in its heyday in 1999.  Apple replaced Exxon in the number one spot.

Apple's market value rose by 54% in 2012;  with a cash hoard of $l00. billion,  It has entered the books as the biggest company in terms of market capitalization


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