Unit 3 Micro: Apple - the most valuable company ever
According to this article , Apple is now worth more than $619bn (£394bn) $200bn more than the world’s second biggest company, Exxon Mobil.
This is an impressive achievement when you think Apple was worth only $10 billion 6 years ago and $100 billion (- Facebook's initial valuation after going public though that has tailed off somewhat...) just 3 years ago. If we compare this valuation to the size of country's GDP , Apple would come 21st in global GDP rankings ahead of Saudi Arabia, Argentina and South Africa. The article does point out the figures are not inflation adjusted which means IBM still holds the all time market capitalisation record with a 1967 value of $1.3 trillion!
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