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Aug 20, 2012 1:20 PM by Lacey Steele

Apple is now most valuable company ever

Apple takes the title of world's most valuable company ever!

Today its surging stock sky rocketed the company's value to $621 billion.

Apple has hit new highs recently due to excitement around what may be the impending launch of the iPhone 5 and possibly a smaller, cheaper iPad.

The company is now worth 53% more than Exxon Mobil, which comes in at number two.

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