It’s been nearly two years since the launch of the iPad, the device that’s revolutionized the way consumers access the web and use their computers.
Since then, Apple has become the world’s most valuable company.
Its stock is up more than $1,000 since last October.
Apple’s stock value now stands at $99.7 billion, or $1 billion higher than its record high in January of 2011, according to Bloomberg data.
What is Apple worth?
While Apple’s value is soaring, its earnings per share haven’t grown as much as its rivals.
Apple earned $1 per share in the first quarter of 2016, according the Bloomberg data, compared to $1 a share earned by its biggest competitor, Google.
While Google earned $3.25 per share, Apple’s earnings per Share was $3,988 per share.
In comparison, Google earned about $2,000 per share per share last year.
Google also beat expectations for its stock price, which is now trading above $200 per share for the first time.
Apple shares have risen more than 10% over the past year, and the stock has risen nearly 40% in the past seven months.
But Apple is still struggling to find a way to pay off the $1 trillion it’s put up as a way of raising money to invest in new products.