Apple: The Most Valuable Company In The History Now – Yes, It Stands Intact No Matter What You Say [UPDATE]

Must Read

Elon Musk Added Over $100 Billion To His Net Worth In Just 1 Year, Leaves Jeff Bezos Behind

Jeff Bezos may the world's richest person in the world but it's Elon Musk who has been...

iPhone 12 Plagued With Serious Problems: Should You Buy It, Still?

A serious problem with Apple iPhone 12, identified recently, is good enough to give a second thought...

Has Zuckerberg Finally Accepted That Facebook Spies On Users?

It seems like Facebook is headed towards more investigation and scrutiny as recently, Facebook has been alleged...

This looks like a one of the bed-stories my granny used to tell me. But, now atleast one of them has become true. Apple, a company once standing on the brink of Bank-corrupcy , has evolved into the ‘Most Valuable Company’ in the history of business. With the share price that peaked to $664.65 on Monday, Apple valuation has reached to all time high $621.64 billion.

Interestingly, the valuation has mounted at the point when company is reportedly going to launch iPhone 5 and iPad Mini in a month time from now. The strong sales projection of iPhone 5 is the main cause of such mammoth jump in share price as well as in valuation.

It was January this year when Apple led the list of “World’s Most Valuable Companies” with $418 billion valuation after the frenzy sales and profit from iPhone 4S released in November last year. In last 8 months, company’s valuation has been appreciated by 50%, which is really an astounding performance in itself.

Advertisements

With the new valuation height, today Apple has finally broken off the record of highest valuation ever by any company which was held by Microsoft till date. In 1999 Microsoft touched the valuation of $620 billion which was highest valuation ever of any company before Apple concord on Monday.

Apple’s magical growth is a part of bumpy ride company faced in last decade – specially before the launch of iPod. In fact, quite recently company was accused of sitting on mammoth cash hoard rather than investing for workers’ betterment. But Apple remained intact with the focus under the leadership of Cook – who replaced visionary Steve Jobs just a month before his death in October.

Here, we are leaving you with a video infographic that speaks about Apple’s fanatical vision, astounding growth and numbers to surprise you till core.

Update: A recent twist in conjunction with above report, now some one is stating that most of the blogs and journos have overlooked and important factor which calculating the valuation of Microsoft in 1999. The Columbian journo blog – The Audit – has claimed that Microsoft’s valuation of $620 billion in 1999 ( 1 good 13 years gap) is actually equal to $850 billion in inflation-adjusted dollars.

However, I feel that The Audit is just going by their logic rather than actual numbers, figures and stats. Though, adjustment and calculation of inflation is a good idea but officially its the number which stood then and now. Microosft valuation of $620 billion in 1999 is a number and a record and Apple’s $621 billion valuation is technically correct by all the means to state the “Most Valuable Company” in the history.

Advertisements

The debate is having slight room of complexity and its all depends on people who they would like to take it. I would say that die-heart fans of Microsoft would go with the justification given by The Audit but majority (and realistic) of people would stand by the numbers and Apple.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Facebook’s Past Comes Back To Bite As South Korea Fines Them For 2018 Scandal

The social media behemoth Facebook Inc. (NASDAQ:FB) has once against proved they are the true arch-nemesis of...

Amazon Future Group Dispute Deepens As Singapore Court Turns Down Future Group Plea

The dispute between Amazon and Future Retail is, apparently, far from over anything soon as the Singapore International Arbitration Centre (SIAC) has...

Google Pay Fee On Instant Transfer: An Indication Of Google’s Aggressive Monetisation Strategy?

Google has decided to levy fee on instant payment, starting from the US market. A few days back, Google...

Twitter Account Verification Is Back, But Has it Lost Its Mojo?

Twitterati queue up! As the Twitter account verification process which is responsible for awarding blue badges prepares to...

Paytm Lawsuit Impact: TRAI Slaps Fine On Jio, Airtel, BSNL And Other Telcom Operators

The emergence of e-wallets brought along with itself a big uprise in notorious phishing scammers who prey on unsuspecting consumers by pretending...

MobiKwik Takes A Dig At Paytm After The Recent App Ban

The ongoing China-India border tension is resulting in more apps getting banned, and every time that happens the Indian startup unicorn Paytm...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This