U.S. technology giant Apple is closing in on the record valuation for a corporation, a market analyst said. S&P senior index analyst Howard Silverblatt said Apple is worth $604 billion, CNNMoney reported Friday. Although it is the most valuable company in the world, its current value is just under the record of $618.9 billion, which was Microsoft's value in late December of 1999. Microsoft's value has dropped. It is currently worth $260 billion. But Microsoft's all-time record could soon fall, as Apple's largest money-maker by far is its iPhone and it is expected to launch the next generation iPhone in September. A new iPad is also expected this year and the company's worth could increase with new developments in Apple's attempts to establish itself in the television industry. The company's shares hit a record close on Thursday at $636.54 per share. Its share price needs to reach $663.68 for Apple to become the most valuable company of all time, Silverblatt said.
GMT 14:31 2018 Friday ,19 January
Amazon narrows list of 'HQ2' candidates to 20GMT 13:18 2018 Thursday ,18 January
China to step up cryptocurrency crackdownGMT 12:30 2018 Sunday ,14 January
Japan's new crypto-currency crooners sing the bitcoin beatsGMT 13:49 2018 Friday ,12 January
Top European chefs take electric pulse fishing off the menuGMT 11:32 2018 Tuesday ,09 January
Apple urged to shield kids from iPhone addictionGMT 17:27 2017 Tuesday ,19 December
Scientists confirm 3.5 billion-yr-old fossil life in rockGMT 08:31 2017 Friday ,21 July
Samsung heiress ordered to pay $7.6 millionGMT 13:20 2017 Saturday ,29 April
SpaceX to launch classified US govt payload SundayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor