Apple is now valued more than Google and Microsoft combined.
In a very quick span, Apple has become the most valuable company in the world paling Exxon, Microsoft and Google in comparison. Matter of factly, Apple is more than the market capitalization of Google and Microsoft combined (Data relevant to 13th February 2012). The figures given below state the Market cap of Google at $199bn and Microsoft at $256bn as on the trading day of 13th February 2012. Both these companies stacked one on top of another are less than the market cap of Google at $464bn.An NPD report states that Apple generates a fifth of all electronics revenue in the US.
With the iPad 3 right around the corner, it’s only a matter of time before Apple’s stock exceeds $500 for the first time ever.
Post addendum(15th February 2012): Apple did cross the $500 mark as on 13th February 2012.