Apple yesterday became  the most valuable public  company in history. The share price of the technology firm rocketed to £423.33 in frenzied trading, taking the total value of its shares to £395billion. Apple was already the No.1 on companies’ current value, a position it has held since dethroning oil giant Exxon Mobil last August. Scroll down for video Move over, Microsoft: Apple have become the world's most valuable company ever, taking the title off Microsoft. Monday's stock saw the company valued at $623 billion Soaring: Apple's stock hit $664.74 in midday trading before retreating slightly to $663 - its surging stock propelled the company's value to $623 billion
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Beat the $620 billion record Microsoft set in 1999
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Stocks soar due to optimism surrounding launch of new iPhone, and possibly a smaller, cheaper iPad
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Been the most valuable company in the world since last year, today became most valuable ever
Detractors also point out that with inflation @placeholder’s 1999 valuation would be worth around £536.5billion at today’s prices.