|Introducing Office for iPad.|
|Tech Help LA – News|
By Peter Svensson
NEW YORK — Apple is the world’s most valuable company, ever.
On Monday, 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.
Apple Inc. has been the world’s most valuable company since the end of last year. It’s now worth 53% more than No. 2 Exxon Mobil Corp.
Apple’s stock hit $664.74 in midday trading before retreating slightly to $663.
That was $14.98, or 2.3%, higher than Friday’s close.
Microsoft’s 1999 peak was $620.58 billion, according to Standard & Poor’s.
The comparison to Microsoft does not take inflation into account. In inflation-adjusted dollars, the software giant was worth about $850 billion on Dec. 30, 1999. Microsoft is now worth $257 billion.
Analysts believe Apple’s stock has room to grow. The average price target of 38 analysts polled by FactSet is $745.80.
Apart from the iPhone and a mini iPad, analysts are speculating that Apple plans to make a TV set to complete its suite of consumer electronics products. Apple usually doesn’t comment on its future product plans until a few weeks or days before a launch.
China’s largest oil company, PetroChina, was briefly worth $1 trillion after it listed on the Shanghai stock exchange in 2007, but only based on its price on that exchange. Its shares also trade in Hong Kong and on the New York Stock Exchange. Based on trading there, its market capitalization never went as high as $500 billion.
Is your business being left behind…
Social Media Management & Expansion Services
Business and individuals are establishing a solid presence online using Twitter. Twitter is a global network of consumers, businesses, and supporters. Using this tool properly and strategically has proven to help in expanding brands, sales, and growth opportunities for users in short periods of time. The key component of the service we provide is generating awareness.
Have people heard of you or your business?
Would you be interested in 500-1000 new interests per month or better yet 10,000-20,000?
What We Offer:
Once we gain access to your Twitter account and/or your Facebook Fan Page we take over and manage your account expansion. WE DO NOT TWEET FOR YOU. We provide you with consulting time to train you on how to be you in precise words for saturation and expansion. We guarantee between 500-1000 new targeted followers every 30-days or your money back!!!
Call or email our office to find out how it works – Contact Us