Apple, Inc. is on fire. The Cupertino-based company's stock soared past $490 per share
on Thursday and is now hovering around $495.
According to Google Finance the company's market cap was valued at $461 billion. This makes Apple
slightly bigger than both Microsoft and Google combined. Currently, Microsoft's
market cap sits close to $258 billion, and Google's is $199 billion.
Apple passed Microsoft in value back in May of 2010. At the
time, the two companies were valued at $222 billion and $219 billion,
respectively.
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Any guess how and why Apple is so ridiculously profitable? Perhaps it's because they suck the life out of 13 year old children in China and manufacture their iPads and iPods for mere pennies while selling them for hundreds of dollars?
Maybe....
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