Apple which is already the world's most valuable company hit the benchmark of $600 billion market capitalization for the first time. If reports are to be believed, Apple’s market capitalization has reached to a scaled peak where very few companies have ventured and none has stayed for long.

Latest stats revealed, Apple’s stock gained 1.4 per cent, bringing its market value to $645.48 billion. 

The previous high value for the stock was $644, hit on April 10. 

As a matter of concern, it is found, Apple’s market value at $645 billion is almost 60 percent higher than Exxon Mobil at $408 billion. Exxon Mobil is at number two position. 

It is worth noticing, Apple started gaining momentum when it forayed into the smartphone market with the launch of its first version of iPhone back in 2007. Within a shorter span of time, Apple has surpassed other bigwigs of tech industry including RIM and Nokia. 

Interestingly, after Apple’s remarkable iPad launch, company's profits soared high by selling the device in millions.

Early back in 1999, Apple's arch rival Microsoft was worth over $500 billion. To the reader’s surprise, once Microsoft even shot up above $600 billion level in 2000, but only for one day. Unfortunately, Microsoft is now worth $255 billion. 

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