When we checked in at the end of last week, AAPL was at an all-time high with a market cap passing $600 billion and closing at 648. As noted by MacRumors, Apple has become the most valuable publicly traded stock in history after passing Microsoft’s record set in 1999. Apple’s stock price hit $660.73 with a market cap of $620.50 billion today. That is compared to Microsoft’s market cap of $618.89 billion in December 1999.
However, with inflation, MacRumors noted Microsoft’s cap in 1999 would be worth roughly $842.5 billion today. It is also noteworthy that Microsoft has paid dividends for roughly a decade, while Apple announced its program just this year. Microsoft is now worth approximately one-third of Apple’s valuation.