Apple breaks $600 billion market cap threshold
posted by Victor H. / Aug 20, 2012, 5:05 AM
But you’d see how astonishing the growth of Cupertino is when you realize that the company has already gained 57% in valuation this year.
Could Apple become the world’s first trillion dollar company? Its stock would need to jump to around $1,072 for that, but if it doesn’t disappoint with the new launches it seems that it’s got the momentum.
Now, you might remember that worries about Apple performing weaker than everyone expected (but not weaker than Apple’s own targets) drove share price down to $572.5 at the end of July. Obviously, those worries are now gone, but we shouldn’t forget how volatile share prices are at the end of the day.
Posts: 1156; Member since: Feb 25, 2012
You have all this monies yet your Phones are outdated,icrap.
posted on Aug 20, 2012, 5:29 AM 7
Posts: 196; Member since: Apr 26, 2012
Those who bought these shares would be in huge loss with their new products...!! iPhone 5 and Mini iPad would be the biggest failure ever in Apple's history..iBet...!!! Samsung>Motorola>Nokia>HTC>Apple
posted on Aug 20, 2012, 6:15 AM 2
Posts: 446; Member since: Feb 23, 2012
you can invest this cash on research and bring a better product apple, but look at you, u are so cheap!!!
posted on Aug 20, 2012, 5:41 AM 3
Posts: 4851; Member since: Apr 13, 2012
Is PhoneArena full of Android users? How come there are 500+ members, but only around 70+ users only comment? Where are all the iFans, users? There is not a single comment by Apple users.....?
posted on Aug 20, 2012, 7:15 AM 1
Posts: 318; Member since: Jul 20, 2012
How come there are so many people support Apple in the first place? They can't even fix the SMS issue on the iPhone. If only other Asian mobile companies has this huge amount of money, maybe they could have developed a phone with 500 ppi Hyper Amoled Super HD++ screen or a super camera from Sony that can take pictures in outer space.
posted on Aug 20, 2012, 7:00 AM 1
Well, Aside fron the fact that Apple doesn't deserve this much money as it provides mid-range products at premium price, I would say Congratulations. It is a fine achievement. Now spend that money wisely. On developing your products.
posted on Aug 20, 2012, 7:09 AM 0
Posts: 4851; Member since: Apr 13, 2012
I just dont understand, whats so special and good about Apple products....
posted on Aug 20, 2012, 7:10 AM 0
Posts: 1042; Member since: Feb 22, 2012
whether we hate their products, think they're old, think they're cheap, or disagree with their business practices... one thing you have to know and understand as a FACT "apple is just a successful company... point blank period."
posted on Aug 20, 2012, 7:31 AM 4
Posts: 196; Member since: Jul 23, 2012
I'm not surprised at all. Apple has now so much money, they can buy all the mobile industry, including Nokia, Samsung and Co, put together. I'm a Nokia fan by default, but since 2008, when I got my first iPhone I can say for sure, that this company is here to stay. I tried android for a year, but no thanks. For a second phone is okay, though. It is just amazing how in just 5-6 years they wiped away the whole mobile industry with only ONE device!
posted on Aug 20, 2012, 8:54 AM 1
Posts: 364; Member since: Oct 27, 2011
Here in the states i'll agree.. but Americans have always been captivated by shiny things lol. The only thing Apple has done that is amazing is make normal people so focused on a paperweight that they think it actually makes them "better" than others.
posted on Aug 20, 2012, 10:25 AM 2
Posts: 136; Member since: Jul 12, 2012
once again all android babies posting on apples stories. I wonder where all the people went on July 24 when the stock "disappointed" with its earnings and crumbled to $572 and they all said its over. Not even 30 days later, its at $664 as I type this. Apple is here to stay and is not going anywhere. As noted today, "greatest company and stock EVER"
posted on Aug 20, 2012, 11:15 AM 2
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