Analysts are predicting Apple to be on the verge of becoming the world's biggest firm by 2012. Apple is thriving on the success of iPads, iPhones, iPods, Macintosh laptops and computers.
Apple may put behind the world's current most valuable firm Exxon Mobil, the oil giant of the world having the market value of 263 billion pounds provided the shares for Exxon doesn't rise much. Strong market sales of Apple products have led analysts to predict rise of 32 percent in the Apple's share price and make its revenue worth 269.5 billion pounds in the next 12 months.
Apple reported its best ever quarterly results last month, continuing its rise up the list of the world's biggest companies. Apple sold 3.89 million Macintosh computers, 14.1 million iPhones, 9.05 million iPod music players and 4.19 million iPad tablet computers in the last three months of 2010.
Founded in California in 1976 by Steve Jobs and Steve Wozniak, it grew under Microsoft and surpassed the PC giant last May to become the world's most valuable technology company. The company is expected to sell as many as 25 million iPads increasing the last year's sale of 14.8 million.
The list of the world's most valuable firms is traditionally dominated by those in the mining, banking or retail sectors. Apple will be the first firm from technology sector if it manages to beat Exxon in terms of revenue.
Last year Apple surpassed Microsoft with record $ 26.74 billion in revenue compared to Microsoft's $19.95 billion in December 2010 quarter.
Apple may put behind the world's current most valuable firm Exxon Mobil, the oil giant of the world having the market value of 263 billion pounds provided the shares for Exxon doesn't rise much. Strong market sales of Apple products have led analysts to predict rise of 32 percent in the Apple's share price and make its revenue worth 269.5 billion pounds in the next 12 months.
Apple reported its best ever quarterly results last month, continuing its rise up the list of the world's biggest companies. Apple sold 3.89 million Macintosh computers, 14.1 million iPhones, 9.05 million iPod music players and 4.19 million iPad tablet computers in the last three months of 2010.
Founded in California in 1976 by Steve Jobs and Steve Wozniak, it grew under Microsoft and surpassed the PC giant last May to become the world's most valuable technology company. The company is expected to sell as many as 25 million iPads increasing the last year's sale of 14.8 million.
The list of the world's most valuable firms is traditionally dominated by those in the mining, banking or retail sectors. Apple will be the first firm from technology sector if it manages to beat Exxon in terms of revenue.
Last year Apple surpassed Microsoft with record $ 26.74 billion in revenue compared to Microsoft's $19.95 billion in December 2010 quarter.
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