Apple Stocks Reach Record High, Double Google’s Worth

X

Valuable and powerful, today Apple was almost worth the combined value of its rivals, Google and Microsoft.

2011092012234707aa8 250x238 Apple Stocks Reach Record High, Double Googles Worth
Source: NASDAQ

On the 19th of September, Apple stock soared to an all-time high of $413.23 per share on the NASDAQ stock exchange.  It dipped slightly before the day’s close, ending up on $411.63: an amazing US$23 billion dollars more than former front runner Exxon.

According to SlashGear, Apple has a market capitalisation of $381.62 billion, up 3 per cent from the previous day. These days Microsoft trails Apple, with a cap of $227.97 billion, and co-rival Google at $176.51 billion. The figures point out that Apple is worth more than double Google, and almost the combined market capitalisation of Google and Microsoft combined.

It’s unsure what caused the sudden surge in Apple stock, but the hype of the up-coming iPhone 5 might have something to do with it, as rumours claim the 15th of October is the sacred launch date.  There’s also hysteria surrounding the to-be-released iPhone 4 upgrade and Apple’s final golden master version of iOS 5. 

Polk Signa S4 728x90 1 Apple Stocks Reach Record High, Double Googles Worth
Mode II 728x90px product Apple Stocks Reach Record High, Double Googles Worth
728x90 Tour Apple Stocks Reach Record High, Double Googles Worth
728x90 Apple Stocks Reach Record High, Double Googles Worth
Leaderboard 728x90 Apple Stocks Reach Record High, Double Googles Worth
LG016 Corporate 4square Media LG ToneFree FP9 LB 728x90 Apple Stocks Reach Record High, Double Googles Worth
728 x 90 Apple Stocks Reach Record High, Double Googles Worth
BlueAnt PumpAirLite WebBanners 728x90 Apple Stocks Reach Record High, Double Googles Worth
Flick of a switch 728x90 1 Apple Stocks Reach Record High, Double Googles Worth
thumbnail G415 SmartHouse 728x60 Apple Stocks Reach Record High, Double Googles Worth


YOU MAY ALSO LIKE