Tuesday
Feb102015
All-time high: Apple becomes the first US $700 Billion company
Tuesday, February 10, 2015 at 4:20PM 
By Gadjo Cardenas Sevilla
Apple Inc., the world’s most valuable company, now has a market value of US $710.72 billion, which makes it the very first American company to surpass the $700 billion mark in market value. This is the first time the stock has closed above $700 billion in market value even if Apple first traded above $700 billion on November 25, 2014.
This comes weeks after Apple shattered earnings expectations behind its most profitable quarter yet where it gained US $18 billion in profits. Apple is now twice as valuable as onetime rival Microsoft, it also leads Exxon Mobil, the next most valuable company at $385.4 billion, by a very significant margin. (developing)