Monday
Aug202012
Breaking: Apple becomes most valuable company in history
Monday, August 20, 2012 at 2:59PM 
By Gadjo Cardenas Sevilla
Apple Inc. became the most valuable company in history earlier today when its valuation reached US $621.64 billion. Apple's stock reached an all time high of $664.65 per share Monday afternoon riding the expectations for a huge launch of its as-of-yet-unannounced iPhone model for 2012.
Apple breaks the record set previously by rival Microsoft in 1999 when that company's value peaked at $618.9 billion.