Apple's market worth has been steadily growing over the last 10 years and their shares rose past $660 on New York's Nasdaq stock exchange last night. Their market capitalisation is now valued at $619bn (£394bn). There once was a time when Apple trailed behind Exxon Mobil ($405bn), but now they …
Read More »Apple $46.33 billion revenue – all time record
Apple announced yesterday their financial results for the fiscal 2012 first quarter which was tied into 14 weeks, ending December 31st 2011. They posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. They have improved on the year previous, …
Read More »Apple Q2 revenue set to rise to $24.42 billion
Investment Bank J.P. Morgan has raised their projections of Apple's earnings through 2012 in expectation of continued growth from both the iPad and the iPhone. Mark Moskowitz, an analyst with the company issued a note to investors early today with revised estimates, increasing his revenue estimate for the March quarter …
Read More »Are Apple on the way to being the first $1trillion company?
Could Apple be the first company with a $1 trillion market cap? This is a question that many analysts are asking right now. James Altucher, managing partner at hedge fund Formula Capital seems to think so. As Kitguru reported a few days ago, Apple have just passed the $300 billion …
Read More »Apple’s Market Cap is now $302 billion
It is hard to escape a single day without a news post on Apple. We are as guilty as everyone else, but for a very good reason. This company are one of the largest on the planet. They have passed their latest milestone, with their stock climbing to $330 a …
Read More »Apple become world’s second most valuable company
Apple have overtaken PetroChina Co. to become the second biggest company on the planet. Apple are now valued at $265.8 billion which surpasses the worth of PetroChina at $265.5 billion. Apple are one of the fastest growing companies on the planet and are still trailing Exxon Mobile Corp who are …
Read More »Apples Q3 figures break records
Apple announced their earnings for the third fiscal quarter yesterday and once again, they have surprised analysts, surpassing even Wall Street's estimates. Dan Gallagher reporting for Marketwatch said: “Shares of Apple rose nearly 2% in after-hours trading, after jumping nearly 2.6% to close at $251.89 late in the regular session. …
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