I’ve said it a million times, and I’ll say it once again: Apple’s stock continues to rise at a phenomenal, insurmountable pace as the Cupertino-based company continues to hold its crown as the world’s most valuable corporation. To add to the number of record-breaking accomplishments that Apple has experienced, the iPhone maker’s share price has officially succeeded that of Google’s for the first time in company history.
Apple stock (NASDAQ:AAPL) closed at $633.68 on the day, just over a dollar ahead of Google stock, which fell to $632.32 at market close. Despite having similar share prices, Apple triumphs over Google with nearly $600 billion in market cap, almost triple the $205 billion valuation of the search engine company. Earlier this week, it was suggested that Apple could become the world’s first trillion dollar company by 2014. Do you agree?