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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Monday, August 20, 2012

Most Valuable Company in History

Congrats to Apple corporation and to Apple stock holders.  Today Apple has become the most valuable corporation in history.  As of Monday morning the 20th, Apple Market cap was 621 billion dollars, with each share reaching 664.65 per share.

The total net worth of Merck, Intel, Anheuser-Busch, Toyota, and Verizon combined is about equal to  Apple.

For a sharp contrast, about two months of US government spending is equal to Apple's valuation.




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