On Monday, Apple beat Microsoft to become the highest-valued public company of all time.
Thanks to the company’s current and upcoming products, such as the rumored iPad Mini and iPhone 5, the company’s stock peaked at $664.74 per share, which when we calculate it with the 937.41 million shares, makes the company worth $623 billion. This tops Microsoft’s $619 billion record from 1999.
This should come as no surprise as Apple continues to rake in money made from its mobile devices. In fact, in Q1 of 2012, the iPhone alone made 30% more money than Microsoft’s entire business. That is, in all limits of sanity, insane.
One can only imagine what the numbers would be like when Apple eventually announces the iPhone 5 in September/October/Whenever.