There’s no doubt about it: Apple stock has performed exceptionally well this year. In fact, MacRumors reports that the company reached yet another milestone this morning, reaching a massive $600 billion in market value. This comes just a month and a half after reaching the half-a-trillion dollar milestone.
While Apple did not close above the $600 billion mark, it’s nevertheless a very significant achievement. Apple is the second company to ever reach $600 billion in value, after Microsoft ($604 billion in December of 1999). That brings Apple close to becoming the most valuable publicly traded company of all time.
What’s more, considering Apple’s continued strong financial performance, wild projections that Apple could become the world’s first trillion dollar company suddenly don’t seem all that wild anymore…