Apple’s Value Almost Touches $400Billion

By -

A magical thing happened today, something that was soon going to happen sooner then later. Apple almost touched the magical value of $400 billion amid its Q1 2012 earnings.

Apple stock price graph

Apple’s shares reached an all time high of $427 with a market valuation of almost $400 billion, $398billion to be precise. This is the first time after mid-October Apple has crossed its previous best value-per-share of $426.7.

Apple (APPL) is the second most valued company in the world after Exxon Mobile, which is currently valued $408.86 billion (as valued today).

Many analyst have increased their sales prediction for iPhone these include Goldman and Needham, from 30.2 to 31 million and 28 to 32 million respectively.

Apple shipped 1.2 million MacBook Airs during the December quarter —a sequential increase at a time when every other PC vendor failed to keep their fourth-quarter notebook shipments at the same level recorded in the third quarter. 

It will only be a matter of time before Apple becomes the worlds most valuable company.


Via 9to5mac

Stay tuned at Maypalo and follow us on Twitter or join our Facebook Fanpage to keep yourself updated on all the latest News

CEO & Founder of Maypalo

4 Comments to Apple’s Value Almost Touches $400Billion

    Leave a Reply

    Your email address will not be published. Required fields are marked *