Breaking: Apple becomes most valuable company in history

By Gadjo Cardenas Sevilla

Apple Inc. became the most valuable company in history earlier today when its valuation reached US $621.64 billion. Apple's stock reached an all time high of $664.65 per share Monday afternoon riding the expectations for a huge launch of  its as-of-yet-unannounced iPhone model for 2012.

Apple breaks the record set previously by rival Microsoft in 1999 when that company's value peaked at $618.9 billion.

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Apple sees shares hit all time high, reclaims most valuable company position

Today was definitely a good day for Apple. The iPhone 4S launched, the initial iOS 5 hiccups were resolved and iCloud is starting to build momentum. Judging from the long lines forming around Apple stores and mobile carriers, this was a sucessflu launch. We also received news that Apple shares hit an all time high today rising by 3.3% to $422 a share. Apple company is now worth $391 billion. Today also saw Apple streak by Exxon and once more becoming the world's most valuable public company.