Is Apple Inc's $700B Valuation The Largest Of All Time?

On Tuesday, shares of Apple Inc. AAPL reached a high of $119.75 catapulting the company to a valuation of over $700 billion.

When adjusting for inflation, other stocks have actually surpassed Apple’s $700 billion market capitalization.

Microsoft Corporation MSFT reached a high valuation of $619 billion in 1999. When adjusting for inflation, Microsoft reached an adjusted peak of roughly $850 billion.

PetroChina Limited ADR PTR reached a high valuation of $1 trillion in 2007. When adjusting for inflation, PetroChina reached an adjusted peak of roughly $1.1 trillion.

International Business Machines IBM reached a high valuation of $193 billion in 1967.When adjusting for inflation, IBM reached an adjusted peak of roughly $1.3 trillion.