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Tuesday, January 4, 2011
Apple: Actually, $50 Billion Isn’t Cool Either. You Know What’s Cool? $300 Billion
Last night, the Internet was set ablaze by the news that Facebook was taking more money at a valuation of a cool $50 billion. That’s massive. But it’s actually only 1/6th of the value of another closely-watched company in the tech space: Apple.
Apple hit the $300 billion market cap milestone today after their stock surged 2 percent to open 2011. That makes them only the second public company with such a high value, the other is Exxon Mobil.
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