(Credit: James Martin/CNET)
Move over, Microsoft, your record as the most valuable company of all time has been topped.
Apple today set a new record for the most valuable company of all time, reaching more than $622 billion in market capitalization, a measure of a company's stock price times the number of shares it has outstanding.
Microsoft previously held the record for the most valuable public company, hitting $618.9 billion at the end of 1999. Since then, the company has watched its market cap fall to its current $258.2 billion.
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Apple reached the $600 billion market cap mark back in April before sliding below it as its shares star... [Read more]