IPhone Demand Pushes Apple to Record Market Value

IPhone Demand Pushes Apple to Record Market Value Play

Aug. 21 (Bloomberg) -- Bloomberg's Josh Lipton reports that Apple Inc. set a U.S. record for market value at $623 billion, surpassing the high mark reached by Microsoft Corp. during the Internet heyday, on optimism the next version of the iPhone will meet strong demand. He speaks on Bloomberg Television's "In The Loop."

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