Apple shares hit all time closing high; tech giant remains the most valuable firm in the world

With a closing price of $143.80, Apple's shares hit an all-time closing high on Tuesday. After taking into account the 7-for-1 split it recorded in June 2014, Tuesday's close is equivalent to a price of $1,006.60 pre-split, and that is not only an all-time closing high for Apple, it is the highest valuation currently awarded any company still operating. At this moment, Apple is valued at $754 billion. To put that in perspective, Google parent Alphabet has a market cap of $568 billion, and Microsoft is worth $505 billion.

Since the Apple iPhone was first launched on June 29th, 2007, Apple's ...