Tuesday, July 26, 2011

As Shares Top $400, Apple Eyes The Next Tech Prize: HP?s Revenue Crown

In the past few years, Apple has been in berzerker mode. Not even 15 years ago, they were on the verge of collapse when Michael Dell famously said that if he were CEO of Apple he would, "shut it down and give the money back to the shareholders". Apple now has a market cap well over ten times that of Dell's. And in the past year or so, Apple has even managed to far surpass their old nemesis, Microsoft, in terms of market cap, revenue, and profit. Today, Apple's stock closed above $400 a share for the first time. This has pushed their market cap up to roughly $375 billion, making my prediction that they�have a shot at catching Exxon to become the most valuable public company in the world this fall, look pretty good (they're now "just" $45 billion away). But what's next? What other mountain can Apple scale? Well, there's still a pretty big one in the tech sphere.

Amstrad Apple Asus AVADirect

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