Apple's Market Capitalization Hits $600 Billion
Apple's stock has continued its remarkable run in 2012, moving up another 1% today to briefly hit a market capitalization of $600 billion. The milestone comes just under six weeks after hitting $500 billion, and Apple's stock is now up nearly 60% since the beginning of the year.
![aapl_2012_to_600_billion aapl 2012 to 600 billion](https://images.macrumors.com/t/OmHyjqo8IhaJGrw0P002vvI9l0w=/400x0/article-new/2012/04/aapl_2012_to_600_billion.jpg?lossy)
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.
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