Apple: The Most Valuable Company in History

August 21, 2012 -

Apple has surpassed juggernauts like Warren Buffet's Berkshire Hathaway, Microsoft, Google and others as the most valuable company in history. The company responsible for the iPad and iPhone has reached a world record valuation of $623 billion today, making it the most valuable company in history. This beats out Microsoft's 1999 record of $620.58 billion (the figures were not adjusted for inflation, so it's still up for at least some debate).

Apple's next play for world domination will be the release of iPhone 5, the possibility of a smaller and cheaper iPad, and the next iteration of Apple TV. While Apple has never been a company that made money off of software, 30 percent of its cut from app sales from its iOS storefront certainly haven't hurt its bottom line.

Source: Develop


 
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