Apple Inc., the maker of hit products such as Macintosh, iPod, iPhone, iMac, and the latest addition iPad is now worth more than $300 billion in market capitalization second only to the most expensive oil company, ExxonMobil $376 billion worth.
Apple’s Milestones included the $20 billion dollar revenue for the fourth quarter of 2010. The company boasts sales of 3.89 million macs, 14.1 million iPhones, 9.05 million iPods, and 4.19 millions iPads.
According to Monday’s latest NASDAQ reports, Apple is just $73 billion short of oil company ExxonMobil. In comparison against technology companies they are way ahead against Microsoft, Google, and Facebook. Here is a short list of their respective market capitalization value.
1. ExxonMobil – $376 billion
2. Apple Inc. – $302.31 billion
3. Microsoft – $239.51 billion
4. Google – $193.98 billion
5. Facebook – $50 billion
Technology enthusiast are eagerly waiting for the next breakthrough products from this company which is shaping the landscape in innovation. The probability of Verizon iPhone launch this spring is expectedly another huge success for Apple. One of the things that keeps Apple on the right direction is the visionary outlook of it’s founder and CEO Steve Jobs.
The anticipated product launch of Mac App Store this coming thursday January 6, their first ever release for the year 2011 will definitely shook the market once again. The launch of Mac App Store will enables the users easy access of buying Mac products. App Store for iPhone and other iOS proven to be effective and profitable so the company is expecting that Mac App Store will do the same.