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appleeventlogoApple’s market capitalization hit a record high Tuesday, topping $700 billion for the first time earlier this morning as Wall Street rewarded the maker of iPhones, iPads and Macs.

The stock has since dropped a bit, trading at $118 per share, and showing a market value of $692 billion. It hit a high of $119 earlier today.

The Cupertino-based device maker has been on an iPhone-propelled rocket ship ride, with its stock price growing rapidly this year following a couple of rough years  following the death of co-founder Steve Jobs.

So far this year, the stock is up 48 percent under the direction of CEO Tim Cook.

Just how does Apple now compare to its tech rivals?

Microsoft, which for a brief period earlier this month topped Exxon Mobil to reclaim the title of second most valuable company, boasts a market value of almost $393 billion, ahead of Google at $368 billion. Amazon is below both companies, with a market cap of just over $155 billion.

Here’s a look at Apple’s stock over the past 10 years.


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