Apple officially the most valuable company in the world

Today, Apple's stock reached a record high, valuing at a whopping $623 billion, surpassing the record set by Microsoft Corporation in the previous decade.

The rise in Apple's stock is believed to be charged by the extremely high expectations of the upcoming iPhone 5 launch and a new iPad.

The important thing here to note is that analysts actually believe that this trend is set to continue and Apple's stock will continue to grow. This might very well be possible as Apple is rumored to be working on the Apple TV technology, thereby completing it's consumer products category of offerings.

If Apple can actually continue to grow beyond this gigantic feat will be an interesting thing to see, but one thing is for sure. We are witnessing history in the making and achievements like these are very rare.

Apple is a company that has already transformed lives of billions of people with it's unique array of technologically advanced products. Steve Jobs up there in heavens must be proud!