As shares of Apple (AAPL) stock continued to soar on Monday, Apple achieved what is perhaps one of its most impressive feats to date. The company’s market capitalization sailed past $620 billion Monday morning, making Apple the most valuable company in history. The title was previously held by Microsoft (MSFT), which saw its market cap hit nearly $619 billion in late 1999. As noted by MacRumors, however, Microsoft’s record value in late 1999 balloons to $842.5 billion when accounting for inflation. Apple’s stock continues to climb to new heights as anticipation grows ahead of what every Apple analyst on the planet sees as Apple’s biggest-ever product launch, the upcoming sixth-generation iPhone. Rumors that Apple’s “iPad mini” and its upcoming own-brand HDTV are already being built in Chinese factories also helped send Apple investors into a frenzy on Friday, pushing the company’s share price to an all-time high that has since been topped during Monday’s trading session.
Apple becomes most valuable U.S. company in history
Updated Dec 19th, 2018 8:33PM EST
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Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
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