Apple tops Microsoft to become most valuable company in history

shortformblog:

  • old recordMicrosoft became the world’s most valuable company ever near the turn of the century, when the company’s a total market worth reached $620.58 billion in 1999.
  • new record After shares reached a value of $664.74 a piece, Apple became the most valuable company in history with a total market worth of $623.14 billion. source

Keep in mind that these are nominal terms and that inflation is a beast. According to the Bureau of Labor Statistics’ inflation calculator, Microsoft’s $600+ billion would be $852.99 billion today, for what it’s worth.

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    Keep in mind that these are nominal terms and that inflation is a beast. According to the Bureau of Labor Statistics’...
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    Wow holy fuck
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