Apple continues to break financial records. It has just become the world’s first company to finish the trading day with a worth of more than $700 billion.
The tech giant’s shares have been boosted by record sales of big-screen iPhones which helped it roll out the largest profit in corporate history for the three months to December.
On Tuesday Apple’s total shares were worth $710.74 billion.
That puts it ahead of the world’s largest publically traded oil company Exxon Mobil at $382.33 billion, the top search engine Google at $366.55 billon, and the number one retailer Walmart at $281.35 billion.
Apple is now at more than twice the value of former technology leader Microsoft, which at close of trading on Tuesday was worth $349.48 billion.
As it hit that level Apple’s chief executive Tim Cook was bragging at a technology conference of Apple’s success in China where annual sales having risen from under $1 billion to $38 billion in just a few years. He added, India here we come.