After Jobs passed away last October, Apple’s shares fell and then steadily began to rise. In mid-February, its shares broke $500 for the first time. And then in mid-March, the company surpassed $600 for the first time. Not only that, five years ago, Apple's market cap was just $75.8 billion, illustrating the massive effect iPhone replacement parts and other iOS devices have had on building the company's revenues, earnings and therefore market valuation. Furthermore, many analysts are predicting that the price will only go up further as time goes on and it seems to be the case once the company releases their branded television set, rumored to be called the "iPanel".
Friday, April 6, 2012
Apple's share price over Google
Apple and Google are two competing and collaborating tech companies in smartphone market. Apple is already much more valuable than rival tech company Google by market cap. But just now, Apple’s share price closed today above $633, which makes the company’s share just a bit more expensive than Google’s. It is the first time for Apple to win Google.
After Jobs passed away last October, Apple’s shares fell and then steadily began to rise. In mid-February, its shares broke $500 for the first time. And then in mid-March, the company surpassed $600 for the first time. Not only that, five years ago, Apple's market cap was just $75.8 billion, illustrating the massive effect iPhone replacement parts and other iOS devices have had on building the company's revenues, earnings and therefore market valuation. Furthermore, many analysts are predicting that the price will only go up further as time goes on and it seems to be the case once the company releases their branded television set, rumored to be called the "iPanel".
After Jobs passed away last October, Apple’s shares fell and then steadily began to rise. In mid-February, its shares broke $500 for the first time. And then in mid-March, the company surpassed $600 for the first time. Not only that, five years ago, Apple's market cap was just $75.8 billion, illustrating the massive effect iPhone replacement parts and other iOS devices have had on building the company's revenues, earnings and therefore market valuation. Furthermore, many analysts are predicting that the price will only go up further as time goes on and it seems to be the case once the company releases their branded television set, rumored to be called the "iPanel".
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