Friday, August 15, 2008

Apple Most Valuable

Apple, Inc., is now the most valuable company in Silicon Valley, overtaking Google. The rise in its stock price, due to sales of recent popular products like the iPhone 3G, has pushed its market cap (shares x price per share) to $158 billion, overtaking Google's $157 billion value. Pretty amazing for a company that many said was dead just a few years ago. Read the story here.

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