Apple 2.0

Covering the business that Steve Jobs built

Apple's market cap hits $262.88 billion

September 23, 2010: 6:33 AM ET

It's now worth what Microsoft was six months ago, while Microsoft falls further behind

Source: Wolfram Alpha

Apple (AAPL) has set four new record highs in past five trading days. It closed Wednesday at $287.75, pushing its market cap to $262.88 billion, widening the gap with Microsoft (MSFT, market cap: $212.96 billion) and closing in on America's most valuable company, Exxon Mobil (XOM, market cap: $312.89).

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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