Tech PIVI

With its closing stock market value on Monday, Apple Inc. has become the biggest U.S. company, at $623.52 billion, taking away the crown held by Microsoft Corp. since its December 1999 market valuation at $616.34 billion – that's of course, not taking into account inflation. Apple Inc.'s share price closed at $665.15 on Monday, and according to analysts quoted by WSJ, the company would command a $1,000 share price by the end of the year. Experts estimate that prices would need to be greater than $900 to surpass Microsoft’s 1999 record, after inflation. $1 in 1999 is worth around $1.38 in 2012, making Microsoft's 1999 valuation roughly $856 billion in constant dollars. Also, as pointed out by TechCrunch, after adjusting for inflation, the  biggest U.S. company of all time is IBM, whose record-breaking $192.3 billion market valuation in 1967 is now roughly equal to $1.3 trillion ($1 in 1967 is worth $6.85 in 2012). Currently however, both previous record holders,...