Apple recently became the most valuable company in US history. It’s market cap hit $623.1 billion, topping Microsoft, the previous record holder.
Stock of course went up when talk of the iPhone 5 came up. It’s likely that the handset will be announced in the coming weeks, September 12, to be exact. There are also rumors of the iPad mini. This is said to be roughly the size of a Kindle fire, but wider, maintaining the aspect ratio of the current iPad.
This is huge news for Apple, which was doing horribly in the late 90s. It wasn’t until Steve Jobs went back in and devices like the iPod took off that Apple once again saw success.