Apple becomes most valuable company in history

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[But could the Skyscraper Index apply to stock valuations?]  “In a powerful symbol of how dramatically it has redrawn the tech landscape, leading millions of computer users from a PC-dominated world to one now increasingly run on smartphones and tablets, Apple saw its market capitalization — the total value of its publicly traded stock — reach $623.5 billion. That’s nearly $3 billion more than the record Microsoft set during the dot-com boom of the late 1990s, the very moment that Bill Gates was helping to save Apple from extinction.”

http://www.mercurynews.com/business/ci_21354622/apple-becomes-most-valuable-u-s-company-history

 

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