Apple Worth More Than Google And Microsoft Combined

The Apple's stock soared past $490 per share on Thursday and is now hovering around $495.

Shortly after 3 p.m. on Thursday, the company's market cap was valued at $461 billion, according to Google Finance. This makes Apple slightly bigger than both Microsoft and Google combined. Currently, Microsoft's market cap sits close to $258 billion, and Google's is $199 billion.

Apple passed Microsoft in value back in May of 2010. At the time, the two companies were valued at $222 billion and $219 billion, respectively.

Apple Insider, which first pointed out Apple's surging market cap, wrote, "With AAPL stock north of $490, some Wall Street analysts on Thursday began increasing their price targets for the iPhone maker. Charlie Wolf with Needham & Company upped his estimate from $540 to $620, while Mike Walkley with Canaccord Genuity raised his target on AAPL shares even higher, to $665."

According to the company's earnings report, for the last three months of 2011 Apple's quarterly revenue was $46.33 billion, and its net profit was $13.06 billion for the quarter. The company's also reported that it currently had $97.6 billion cash on hand.