
With today’s report from AllThingsD about the iPad 3 being announced in the first week of March, it has pushed Apple’s stock during intraday trading to an all-time high of $496.75US per share. Apple’s market cap is now at 459.82 billion, and is close to breaking a half trillion dollar valuation. Apple alone is now worth more than both Microsoft and Google combined.
Last September Apple blew by Exxon Mobile to become the world’s largest company in stock valuation, and the lead now sits at $58 billion dollars.
Since the death of Steve Jobs, the company has grown by more than $90 billion, with the most recent 2011 fourth quarter generating records in both revenue and profit. Apple has $81.6 billion in cash on hand as of the latest quarter, and with recent rumours of an iTV set to launch soon, there’s no end in sight to the growth of the company.
Any stockholders out there? Share the price you bought AAPL at!
Other articles in the category: News
Apple Gangnam Grand Opening Set for March 31 in South Korea
Apple has previewed its newest retail location, Apple Gangnam, in Seoul's vibrant and world-renowned Gangnam District. The iPhone maker says this exciting retail space will provide customers with an opportunity to explore the company’s innovative lineup of products and services, receive top-notch support from a highly knowledgeable team, and participate in free Today at Apple...
Canada’s 2023 Budget to Tackle Internet Overage and Telecom Roaming Fees
The federal government, in its 2023 budget released today, aims to tackle the issue of junk fees that Canadians face daily, specifically calling out internet overage charges and telecom roaming fees. These unexpected, hidden, and additional fees accumulate rapidly, affecting the affordability of various services for Canadians, explains the government. Ottawa plans to collaborate with...
How to Use Back Tap on iPhone [VIDEO]
Tap tap to take a screenshot, or open Camera. You can set up Back Tap to perform an action when you double-tap or triple-tap the back of your device.