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Apple now most valuable firm
Apple became the most valuable public company of all time yesterday, breaking a 13-year record as speculation mounted about new versions of its iPhone and iPad as well as a set-top box to deliver live TV.
The Californian firm reached a market capitalisation of $623.5bn in trading yesterday, overtaking the $618bn Microsoft hit in 1999. Apple’s share price has risen steadily since it became the world’s most valuable company last year.