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Tuesday, 21 August 2012

Apple becomes biggest company in U.S. history; stock reaches $623B

Apple yesterday Monday August 20th  became the most valuable company in American history. Its surging stock propelled the company's value to $623 billion, beating the record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom.

Apple's stock has hit new highs recently because of optimism around what is believed to be the impending launch of the iPhone 5, and possibly a smaller, cheaper iPad.

The company is now worth 53 percent more than No. 2 Exxon Mobil Corp. Microsoft is worth $257 billion.

28 comments:

  1. Wooow.. Dts gud, am nt surprisd. Blackberry nko?

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    1. Blackberry ke! Their company is struggling to remain open!!! This is why I loooooove my iPhone!!!!!! Apple is the best!!!

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    2. @Pweetylisa: Blackberry, Nokia and Motorola are on the brink of selling out, if blackberry's OS10 (latest operating system after the OS7) scheduled to come out sometime this year fails to bring them back to profitability, they most likely will sellout to Samsung. Nokia will most likely sell to Microsoft while a portion of Motorola has already been sold to Google.

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  2. wow,dis is Amazing.wen will i make my big hit*wink*

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  3. I asked my broker if it was a good idea to buy Apple stock 2 months ago and dude advised against it cos it was already so pricy. Now I could've made $3500 pre-tax. People go with your gut when making business decisions. At least U won't have regrets.
    Apple being worth more than Exxon Mobile really is amazing. The iPhone 5 better be a hit.

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  4. In that pic, he looks like an evil genius ready to take over the world :(

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  5. And so me(sic) dear,he died to make his life's work man's greatest achievement. THE END!...Dear Linda,ur blog is gradually becoming less interactive.So what are we(sic) going to do 'bout it?

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    Replies
    1. Start urs! Or shut up!

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    2. Ahah! Take it easy now! Am just being a caring friend to me dear Linda...ain't I right dear Linda?

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  6. Apple Is Not The Most Valuable Company In The History Of The World — IBM Won The Prize In 1967 With A Value of $1.3 Trillion
    This is when u consider inflation.
    C C
    Tech Trunch.

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  7. Hmmmm.... Issoarai! Mesef go make am for this life. #gbam

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  8. FYI IBM is the most valuable entity in U.S. History if you consider inflation. In 1967 IBM's Stock reaches 1.3 Trillion dollars.

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  9. I am not surprise,must of us saw it coming.....the good news is that Steve Jobs will be proud of this guys even in death.
    naijabreakingnews.blogspot.com

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  10. That is what happens wen a business has a succession plan. Any business built around a particular person is bound to fail wen the person passes on. All Abiola's businesses re almost dead if not totally dead. Jobs did a very good job and was very selfless. He built Apple to be an institution independent of any body. I hope our own Dangote groups, Globacom, etc will outlive their founder.

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  11. I guess even in death Bill Gates will still have beef 4 Steve Jobs. U can't stop greatness even in death.

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  12. Sorry but thats not true. IBM n MICROSOFT have once been in this position. So this isn't special. Get your facts right before you post.

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  13. Anonymous 12:25, you must meen that they have both been worth over 600 billion rite cos thats wat the news is about

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  14. Anonymous 12:33, Exactly thats what i mean. Theres nothing special really

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  15. kudos to them.steve jobs indeed left a lasting impression and legacy in this world.from the onset of the company,this was his vision....when others were busy using windows on every computer they make,apple made their hardware nd software,and with brands like d ipod,iphone,Mac pc's,ipad,not to mention online successful brands like itunes and the apple appstore;Apple truly rules the real and virtual business world
    you can earn as much as $1200 weekly even here from Nigeria working part-time for online U.S. firms.formore info,send me a mail at schineme@ymail.com.you can as well call or text 08135242346

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  16. Steve jobs is still a rockstar , even in death. Dat dude really left his mark on this world

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  17. Considering I wanted to buy Apple stock in 2008 when my ex was buying,I'm only SMH now.

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  18. The visionary Steve Jobs will be so glad and be beaming with smiles ( if that's even possible). It should now make it the no.1 company for people to aspire working for.
    www.brandigest.wordpress.com

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  19. Liquid wealth not Physical..if u like don't invest with caution..go throway all ur life savings on there!!

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  20. Blackberry ke !!

    Blackberry shares worse pass transcorp at the moment ..... RIM(the parent company of blackberry) has lost more than 80% - 90% of its value in the past 15 months ..
    U can research yourself by searching " Research In Motion Limited (RIM.TO)"

    They are ven thinking of selling the company in its entirety to Microsoft or Google sef (I heard )


    www.gamugaza.blogspot.com

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  21. Ok folks.. From today onwards, no more anonymous comments. All comments must be profiled with original or nick names. Anonymous comments won't be updated anymore. Thank You!

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    Replies
    1. Are u alright? Cus it seems sumtin wrong wit u. Attentn
      seeker

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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