Some facts in the half-trillion valuation territory:
- The half-trillion dollar valuation puts Apple in some extremely exclusive territory, making it one of the five most-valuable companies at any point in history. Only Microsoft, ExxonMobil, Cisco and General Electric have ever surpassed that mark.
- Exxon did it most recently in late 2007, when oil prices were soaring. Microsoft, Cisco and GE reached half a trillion dollars in market capitalization in 1999 during the height of the tech bubble.
- Microsoft was the only company ever to have a valuation of $600 billion. Microsoft market cap now sits about $267 billion.
Despite its size, Apple is still one of the fastest growing technology companies. The company reported in January that its sales grew 73% last year. It also posted the second-most profitable quarter in history for a U.S. company.
Truly awesome!
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