Apple has now become the most valuable company in history thanks to a surge in its stock price this morning.
In the intraday trading today, Apple’s market cap value has surpassed the record set by Microsoft in December 1999 of $618.89 billion. As trading is still active, the market cap of Apple is still in flux, but it is a couple of billion ahead of that price at the time of this post.
While this is a definite milestone for a company that once looked to be on the verge of death, MacRumors did point out that Microsoft’s market cap would be closer to $842.5 billion today if adjusted for inflation. We highly doubt that will stop any of the congratulatory pats-on-the-back currently going on in the Cupertino headquarters.