Apple’s stock reached an all-time high when trading began this morning at $680, following the company’s monumental legal victory over Samsung on Friday. Apple’s market capitalization also reached a new high of $637 billion.
Apple has topped Microsoft as the most valuable company of all time. But let’s not ignore inflation.
One of AOL’s largest shareholders, Starboard Value LP, has warned Chief Executive Tim Armstrong that his strategy of transforming the company into a media powerhouse isn’t working.
It seems insane, but Apple has more money today than the U.S. government. There’s even crazy talk about how Steve Jobs might have to bail out Uncle Sam, the way that J.P. Morgan did in the mid-1890s.
Apple, one of the world’s largest consumer-electronics manufacturers, is edging closer to stealing the title of largest company on the U.S. stock market from one of the world’s largest oil companies.