Apple is the most expensive company in history.

According to the results of Monday's bidding, the value of Apple’s share was $ 664.74. The rise is due to the expected presentation of the new iPhone this September, rumors about a small iPad and Apple TV with updated functionality.

Another fact is curious: the stock price of the giant has increased so much that Apple has become the most expensive company in the history of mankind, whose shares are freely bought and sold. The market value of Apple, derived from the product of the number of shares issued for the cost of one piece, amounted to 623 billion dollars. The company's previous record value, $ 618.9 billion, was set by Microsoft on December 30, 1999, at the peak of the dot-com bubble.
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The roles of these two competitors have changed noticeably in just a decade: at the end of the 90s, the company from Redmond broke capitalization records, and even in 2004, Apple's value did not exceed $ 10 billion.

But since 2007, the brainchild of Steve Jobs has experienced rapid growth caused by the release of the iPhone, which today makes more money than the entire Microsoft. And this growth is still continuing: just three years ago, Apple overcame the mark of 100 billion. Since 2011, the apple giant is the most valuable US company (346.74 billion dollars).

In 2012, Apple overcame the mark of 400, 500 and 600 billion dollars, the value of the stock increased by 64%. Even despite the monstrous growth, a number of experts suggest that the company is undervalued, since stocks did not always respond to price increases in response to company earnings.

The ratio of Apple’s market price to net income per share — 15.57 — is significantly lower than that of such technical giants as Facebook (68.51) or Amazon (291.73).

To imagine how large Apple’s value is, it’s enough to recall that, according to the results of 2011, only 23 countries in the world have more GDP than the value of a Cupertino company. Thus, more than 200 countries in the world for a year of operation can not afford to buy Apple.

Nevertheless, Apple still has something to strive for: Microsoft remains the limit of the company's value in the stock market. The record value of the company Bill Gates adjusted for inflation for 2012 is 851 billion dollars. To achieve this, Apple’s stock must sell for $ 908.