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Apple Boots Microsoft Out Of Top Capitalization Spot

STEVE INSKEEP, HOST:

NPR's business news starts with a really big apple.

It was bound to happen. Apple has surpassed Microsoft as the most valuable company ever. That happened when Apple stock hit $665 per share yesterday, boosting its market value to nearly $624 billion. Microsoft had held the record for market capitalization since 1999. Transcript provided by NPR, Copyright NPR.