RSS LinkedIn Google Plus

Call us: 0800 014 9884

Apple becomes most valuable company ever

Apple_becomes_most_valuable_company_ever_11671

Making history

Apple has now become the world’s most valuable company ever, as share prices climbed again yesterday.

Shares hit an all time high of £421.58 ($664.74) at midday in New York, but closed at £421.75. This puts the tech giant’s total value at around £395 billion, making it the world’s most valuable company of all time. Microsoft set the previous record of around £393 billion in December 1999, at the height of the technology investment bubble.

Apple shares have climbed considerably from £240 in October 2011, when founder Steve Jobs passed away. It became the world’s current most valuable company in January, surpassing oil giant Exxon Mobil. Shares saw a slight dip in July 2012 when Apple sales were below expectations, but this month the iPhone and iPad manufacturer seems to have recovered.

However, some of Apple’s rivals are not faring so well. Here’s how some of the world’s biggest tech companies compare on the stock market today (21 August 2012, data from Google Finance):


Company Share price
Apple Inc £421.58
Microsoft Corp £19.50
Facebook £12.69

What next for Apple?

As ever, rumours of new product launches may have something to do with the latest surge in Apple’s value. An Apple TV, a new iPhone and new iPad are all possibilities being guessed at by the press. However, the bitter patents battle of Apple versus Samsung is ongoing; the outcome could affect the value of either or both companies, especially if certain patents can no longer be used, or existing products are banned.

Tom Glass, creative director at theEword, said: “Apple has gone from strength to strength over the last 12 months, and it’s hard to see anything standing in its way. With physical products and astonishing sales stats to boast about, and plenty more surely on the horizon, Apple is unstoppable; in contrast, Facebook has declined dramatically in value since its IPO in May, perhaps because it doesn’t really have a means of monetising its huge membership to the same extent.”

Written by rachel_hand_swapRachel Hand

Testimonials

"theEword team have been crucial to us achieving record growth in the last financial year"

~ defibshop ~

  defibshop

"theEword understand our market dynamics"

~ Lees Solicitors ~

  Lees Solicitors

"theEword are scrupulously honest and hardworking"

~ Britannia Living ~

  Britannia Living

"theEword consistently go above and beyond"

~ Merlin Entertainments ~

  Merlin Entertainments

View more of our testimonials »

Bing implements one small change and one big change Tuesday 14th of April, 2015by Dan Moores Over the past week, Bing has implemented two changes. One appears to be directly influenced by Google, while the other demonstrates independent thinking and creativity.

More on this story »

April UK search market share: Bing revival stutters again Tuesday 5th of May, 2015by James Riches Bing’s mini-revival in the UK search market appears to have stalled, with data from StatCounter Global Stats showing a second consecutive monthly loss.

More on this story »

May UK search market share: Small gain for Google Monday 1st of June, 2015by James Riches Google’s dominance of the UK search market continues, as webmasters focus on mobile and the public search for Election and Eurovision results.

More on this story »
Twitter
theEword - 1 hour ago

Plans on the 29th July? We're inviting you to an event worth cancelling them for http://t.co/kVJOd1Ap1o #LightaFireJo http://t.co/jpeKOPp0Az

Twitter
theEword - 8 hours ago

Are you a brilliant writer? We're looking for a #contentwriter to join our team > http://t.co/qBTZWzPvgL #content http://t.co/ongpT1t3rT

Twitter
theEword - 1 day ago

Find out what happened when we teamed up with Google to bust some #digitalmarketing myths > http://t.co/rjoEJT3uOs http://t.co/sMVIG3qMYM

Twitter
theEword - 1 day ago

Are you a brilliant writer? We're looking for a #contentwriter to join our team > http://t.co/YPL4XjG7Nj #content http://t.co/WDflpg4SbN

Twitter
theEword - 2 days ago

What’s the best #socialmedia channel for your #retail brand? http://t.co/jIRJdFjbeT http://t.co/0cMcgsHQhj

Why it’s time to stop obsessing over search engine rankings Friday 12th of June, 2015by Dan Moores In this blog, we look at why the time is well past for some business owners and directors to let go of their obsession with rankings, and focus more on metrics like traffic and conversions.

More on this story »

What retailers need to know about conversion rate optimisation Monday 15th of June, 2015by Andy Williams Conversion rate optimisation (CRO) is the process increasing the number of visitors to a website into conversions. See why it's vital for retailers to use it.

More on this story »

What's the best social channel for your retail brand? Wednesday 24th of June, 2015by Dan Moores You already know how vital social media presence is. Here's how you can make the most of three very popular platforms - and not just from a brand-amplification standpoint.

More on this story »

Who loves theEword

Who loves theEword Who loves theEword