Apple stock shot up today and reached a record high of $493.85 per share. That’s insane and gives the Cupertino-based comaony a market cap of $465 billion. According to TAUW, who first reported the news, this makes them worth more than Google and Microsoft…combined.
Combined? Yeah, that’s crazy. They also note that Apple is well ahead of Exxon Mobil, whose market cap is at $400 million. There was much concern back in October when Steve Jobs, co-founder and former Apple CEO, passed away in October. However, as the numbers show, Apple has only continued to grow since then.
Currently, Tim Cook leads Apple, and things seem to be running well with the new bossman. Apple is doing better than ever and seeing record sales. Looks like the company will be just fine.