On Wolfram|Alpha, I was bored and asked for $\frac{\infty}{\infty}$ and the result was (indeterminate). Another two that give the same result are $\infty ^ 0$ and $\infty - \infty$.
From what I know, given $x$ being any number, excluding $0$, $\frac{x}{x} = 1$ is true.
So just what, exactly, is $\infty$?
I personally had found infinity to be a bit confusing, until I had a professor that always associated it with the phrase "arbitrary large". I think that "arbitrary large" (or "unbounded") is a good way to conceptualize infinity. What does it mean for there to be an infinite number of primes? It means that you can find arbitrarily large prime numbers. What does $$\lim_{n\to\infty}\frac{1}{n} = 0$$ mean? It means that as $n$ gets arbitrarily large, $\frac{1}{n}$ gets arbitrarily close to 0.
Mathematically, this can be expressed by the following statement: A set $A$ is infinite if and only if, given any finite subset $B\subseteq A$, there is always an element $x\in A$ such that $x\not\in B$. In other words, no matter how big of a finite subset you choose, there is always a bigger one (in this case $B\cup\{x\}$).