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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT RESULTS

Chevron, Exxon under pressure as falling natural gas prices hit earnings

5 Things Apple Inc. is worth more than

CBC

Apple Inc. reached a record value on the stock market Wednesday, surpassing $500 billion US.

That gives Apple:

About twice the market capitalization of Canada’s big five banks put together

More than three times the value of the Canada Pension Plan.

33 times what the oil industry invested in the oilsands last year.

245 times the worth of the Toronto Maple Leafs.

Enough value to buy 273,000,000,000 large Tim Hortons coffees.

And while it's not quite enough to pay off Canada’s federal debt, it would put a big dent in it, reducing the red ink by 86 per cent.