Just when we thought that Facebook’s value of $50 billion is big enough, well we though wrong as that is nothing compared to the worth of one of the most popular technology company of 2010: Apple.
Apple is now worth $300 billion today when their stock went up to 2 percent in the opening of 2011. And because of this, they are now the second most valuable public company, with Exxon Mobile being the first at $375 billion.
This just proves that 2010 has been a great year for Apple, especially when they came out with two of their latest products, the iPad and the iPhone 4. Both products were a success with the iPhone 4 selling around 17 million and the iPad sold at 4.19 million just in the fourth quarter.. Then, they have also sold 14.1 million iPhones, 9.05 million iPods and 3.89 Macs in the sam quarter alone. Just last year, they were the fifth most valuable company with only $213 billion market capitalization and had been behind its rival Microsoft by $40 billion.
Now, the table has turned as Apple is now ahead of Microsoft by $60 billion and is considered the most valuable technology company in the world as it is now worth six times than that of Facebook. Microsoft drops as the second most valuable company. But with coming in second after Exxon, can it reach the top spot by next year?
Well, according to some experts, another very productive year would make them to the top. Probably around $500 per share, which is too much even of they have more products to come out this year and in the years to come. One of its features is coming out with the iPad 2 that is said to be released April this year and a new phone called the Verizon iPhone is on the way, but no release date has been announced yet. Apple should pray that it could beat Exxon because that will be a hard streak to achieve even if it’s just a small difference between the two.
Well, knowing Apple, we’re sure they will do anything just to reach the top spot by next year. Good luck to Apple with that because if they beaten Microsoft, maybe they can beat Exxon as well.
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