Apple's Market Capitalization Up To $ 459.8 Billion , More Than The Sum Of Google And Microsoft

Online, February 11, 2012 (Newswire.com) - According to BuyeChina, the China electronics wholesale dropship company reports , Apple shares rose again to a news high record on Thursday , the company's market capitalization up to $ 456.5 billion , more than the sum of Google and Microsoft . As of Thursday morning , Microsoft's market capitalization of about $ 256.7 billion , Google a market capitalization of about $ 198.9 billion .

Sales reached 37 million for Apple iPhone last quarter, iPad sales reached 15 million units , Mac sales reached 5.2 million units , up to $ 13.06 billion net profit , quarter total revenues of $ 46.33 billion . But last month, Google released the fiscal reported said that the quarterly profit and revenue all fell below Wall Street expectations, resulting the in stock price fell 9% for this month. Although Microsoft has reached Wall Street expectations , but the Windows operating system revenue declined by 6 percent to $ 4.74 billion .

As of Thursday morning, Apple was well ahead of Exxon Mobil, which had a market cap of around $402 billion. That put Apple at a value of more than $50 billion more than the oil giant.

With AAPL stock north of $490, some Wall Street analysts on Thursday began increasing their price targets for the iPhone maker. Charlie Wolf with Needham & Company upped his estimate from $540 to $620, while Mike Walkley with Canaccord Genuity raised his target on AAPL shares even higher, to $665.

Even for those of us who aren't AAPL shareholders, this is very good news. Apple has shown that it can consistently deliver the goods and break all sorts of records, and finally the stock market is starting to catch on. For those of you who invested in Apple stock in January of 2009, today you would have a six-fold growth in your investment. That's an insane growth from a company who has been around since the dawn of personal computers.

A new rumor also hit the web on Thursday that Apple was planning to announce the third generation of its iPad tablet. Wholesale electronics company BuyeChina's Kokin James first leaked the news. "Sources say the company has chosen the first week in March to debut the successor to the iPad 2, and will do so at one of its trademark special events," Kokin said.