Quick Note: Apple Stock Surges Past $500/Share
February 13, 2012 10:09 AM
comment(s) - last by
"Hubba, hubba, hubba! Money, money, money! Who do you trust?"
(Source: Warner Bros. Pictures)
Apple is now worth more than Microsoft and Google combined
While Apple has been in the news lately for
allegations of unfair labor practices at its contracted manufacturing facilities in China
, that hasn't stopped the company from increasing value for its shareholders and sending it surging ahead in market capitalization.
crossed the $500/share mark for the first time in its history this morning. The stock has surged over 17 percent in the weeks following its
blowout fiscal Q1 2012 earnings report
. The company reported revenue of $46.33B USD and net profit of a whopping $13.06B. In addition, the company sold a record 37 million iPhones during the quarter.
Apple is currently ranked as the largest company in the world by market cap. In addition, Apple's market cap is currently more than both
Following Steve Jobs' resignation as CEO in August 2011, AAPL hit a [then]
all-time high of $411
pushing it ahead of Exxon Mobile as the world's largest company by market cap.
This article is over a month old, voting and posting comments is disabled
RE: Highly Overvalued
2/14/2012 9:25:19 AM
On the contrary, you should feel sorry for people who force their clients to support criminal corporations convicted of horrid market abuses. It's called not supporting crime. You should try it some time.
...and while sure, at this point in time in a benchmark, Intel can show an upper hand for max performance, at any given price point an AMD box will give the same or better subjective performance from the standpoint of an actual human being, who is utterly uninterested in PCMark or anything else. Except for the tiniest few people in the world who have unlimited funds to blow on a PC and actually give a sh1t about benchmarks, it doesn't matter in the slightest what CPU is actually in there. Sorry to burst your little bubble...but it just doesn't matter.
As for Apple being "the only tech company that contracts independent audits of their suppliers and manufacturers" - that may or may not be correct, I don't know. What I do know - beyond the shadow of a doubt - is that they're the only tech company that's ever *needed* to.
Your reality distortion field is working over time. Wonder if it's transmissible by oral intercourse from the original source - that would explain braindead Apple zombies like you and Swash.
RE: Highly Overvalued
2/14/2012 11:00:06 AM
I'm having a hard time agreeing with that. The Bulldozer's per-core performance is terrible regardless of threads, and the power consumption is frankly alarming for what mediocre performance you get.
If I was your customer, that WOULD matter to me. Things like that DO matter. However I guess if I was in your place, padding my profit margins by throwing in AMD garbage would be tempting. I would just have to look right into their eyes when they asked me about Intel and flat out lie to their face...
I agree with the Apple and Takin bashing though. Keep it up :D
RE: Highly Overvalued
2/16/2012 12:06:14 AM
Bulldozer is trash.
Yes, performance actually matters, particularly in forums such as these.
Yes Intel offers the best performance per dollar across the widest range of products.
You are still a joke.
"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton
Activist Groups Protest Apple Stores in Name of Supplier Worker Treatment in China
February 9, 2012, 10:21 AM
Apple Has Another Blowout Quarter with $13B in Profit; Sells 37M iPhones, 15M iPads
January 24, 2012, 5:02 PM
Quick Note: Apple Stock Price Hits All-Time High
September 19, 2011, 3:11 PM
No Free Play Day for You! Microsoft Says Apparent Promotion was an Error
August 22, 2014, 2:50 PM
BlackBerry Passport to Feature Snapdragon 800 Processor, 3,450 mAh Battery
August 22, 2014, 2:05 PM
Moto X+1 Press Renders Leak, New Images Show Schematics for 4.7", 5.5" iPhone 6
August 22, 2014, 9:52 AM
BlackBerry’s Latest "Plug" for its Passport Smartphone: Displaying Sharp X-rays for Doctors
August 21, 2014, 4:49 PM
Sprint Introduces $60 Unlimited Plan, Touts $20/Month Costs Savings Versus T-Mobile
August 21, 2014, 2:05 PM
Opera Becomes Official Browser of Microsoft-Nokia's Non-Windows Phones
August 21, 2014, 1:01 PM
Most Popular Articles
Apple Scores Patents, Preps New Reversible USB Plug for iPhone 6 Connector
August 18, 2014, 1:32 PM
New AMD Fusion-Based Laptop From HP to Pack a Punch at $199
August 18, 2014, 4:13 PM
BlackBerry Reinvents Itself, Prepares for Potential Smartphone-Free Future
August 18, 2014, 7:51 PM
New Photos Show “Assembled” iPhone 6, Protruding Camera Ring
August 20, 2014, 2:32 PM
Lumia 830 Gets Major Upgrades Including New 20.1 Megapixel Toshiba Sensor
August 15, 2014, 6:00 PM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information