Apple's annual developer conference in San Francisco.
Apple's Market Capitalization Hits $600 Billion
If some analysts are to be believed, the $600 billion mark is just a brief stop on the company's way to a trillion dollar market capitalization. Analysts are beginning to float that unprecedented number as a target for Apple's stock price over the next year or so.
Apple is now within just a few billion dollars of taking Microsoft's title of most valuable publicly-traded company ever, targeting its rivals' $604 billion market capitalization achieved in December 1999. But adjusting for inflation, Microsoft's market capitalization at that time would correspond to over $800 billion in today's dollars.