At that price, Apple is now valued at $274 billion, more than Intel, Hewlett Packard and Google, and within striking distance of the world’s largest company, Exxon Mobil, which is valued at $329 billion. Apple passed archnemesis Microsoft in valuation earlier this year.
While Apple’s stock has been on a tear this year on the strength of iPad and iPhone sales, you only have to go back about a year and a half to when the global economic crisis and concerns about the health of Steve Jobs had the company trading at less than $80 per share.
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