Friday, March 29, 2024
Search
  
Tuesday, August 21, 2012
 Apple's Value Set Company Record
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: Apple's surging stock on Monday propelled Apple's value to $624 billion, surpassing the record set by Microsoft in 1999.

Typically, stock hits highs in the run-up to major product launches. This time there is optimism around what is believed to be the impending launch of the iPhone 5, and possibly a smaller iPad.

Despite the surge, Apple's stock is not particularly expensive compared to its earnings for the last twelve months. For comparison, Microsoft in 1999 had a price-to-earnings ratio of 83.

Analysts speculate that a "mini iPad," could expand the number of people who can afford one of Apple's tablets. Analysts also are speculating that Apple plans to make a TV set to complete its suite of consumer electronics products.

Apple doesn't comment on its future product plans until a few weeks or days before a launch.
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2024 - All rights reserved -
Privacy policy - Contact Us .