Jul 26 2011, 10:32am CDT | by Luigi Lugmayr
Yesterday the Apple Stock only briefly jumped over the $400 mark, but today it is well over it. The Apple Stock is currently trading at $403.86 resulting in a market cap of $374.38 billion.
The Apple shares already gained before Apple announced their last record quarter, but now they continue to rise. Why? The outlook has a lot of fantasy in it. Apple is set to launch iOS 5 and the iPhone 5 this fall. It is almost a safe bet to predict another record holiday quarter for Apple.
Right now Apple is the world's largest smartphone maker. On July 29 we will know if Samsung is topping Apple or not. On that day Samsung is releasing their quarterly earnings.
Exxon Mobil is still the most valuable company with a market cap of over $417 billion. I can see though Apple become the world's largest public traded company this fall.
Source: Queens Crap
From the NY Post: A Queens lawmaker wants to legalize betting on professional sports in New York — and his proposed legislation has the backing of one of the state’s top prosecutors, Brooklyn DA Charles “Joe” Hynes, The Post has learned. ...
Full article at: Queens Crap
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Source: Fresno Bee
Technology stocks such as Apple and Google have been so successful that they're commonly found in index mutual fund portfolios and in funds available through 401(k)s plans. Often, these investors have no idea they've got a small stake in iPhone sales or ...
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Source: Duluth News Tribune
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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