Apple, the Cupertino-based technology giant, became the most valuable company in history after its stock rose to new high on Monday. Apple's stock price soared to $665.15 billion at the market's close, which pushed the company's market capitalization up to $623.5 billion, beating the record set by Microsoft in December 1999 at $618.9 billion.

Apple has a market value of $623.5 billion, but what does that mean, exactly? China.org.cn gives some insight as to what the company could buy with that kind of capital.

1. Purchase 3 Googles?

Google, which is regarded as the world's largest search engine and one of the most admired companies in the world, went public on August 19, 2004. [File photo]

Google, which is regarded as the world's largest search engine and one of the most admired companies in the world, went public on August 19, 2004. It is interesting to note that Eric Schmidt, now Google's chairman, served as a director of Apple's board from 2006 to 2009. Because of Steve Jobs' wisdom and efforts, Apple first exceeded Google in market capitalization on August 13, 2008. On Wednesday, Google's market capitalization was $222.35 billion whereas that of Apple was $623.5 billion, which means that with its current assets Apple could nearly buy three Googles.

Go to Forum >>0 Comment(s)