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Apple Boots Microsoft Out Of Top Capitalization Spot

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Apple Boots Microsoft Out Of Top Capitalization Spot

Business

Apple Boots Microsoft Out Of Top Capitalization Spot

Apple Boots Microsoft Out Of Top Capitalization Spot

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  • <iframe src="https://www.npr.org/player/embed/159485934/159485919" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Apple has surpassed Microsoft as the most valuable company ever. That happened when Apple stock hit $665 per share Monday — boosting its market value to nearly $624 billion. Microsoft had held the record for market capitalization since 1999.

STEVE INSKEEP, HOST:

NPR's business news starts with a really big apple.

It was bound to happen. Apple has surpassed Microsoft as the most valuable company ever. That happened when Apple stock hit $665 per share yesterday, boosting its market value to nearly $624 billion. Microsoft had held the record for market capitalization since 1999.

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