This pre-paid iPhone would mean less in the U.S. There’s also talk of Apple preparing a cheaper version of the iPhone that would be sold around the world without contract. carriers - Sprint or T-Mobile - could be added as well (assuming, of course, that AT&T and T-Mobile don’t merge before then). And there are whispers that at least one of the other major U.S.
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It will be the first time that Apple releases a new device on both AT&T’s and Verizon’s networks at the same time. There’s still some arguments as to whether this will be an “iPhone 4S” or an “iPhone 5”, but regardless, it’s going to sell a massive amount of units. More importantly, Apple is also widely believed to be preparing a new iPhone, for release this fall alongside iOS 5. Considering that the majority of Macs that Apple now sells are notebooks, this should mean big business for them in the coming quarter. Alongside that, rumors also have new MacBook Airs appearing. Promised before the end of July, rumors have it appearing this week. More important is the coming weeks and months.įirst and foremost, Apple will release their next operating system, OS X Lion, shortly. (Though, any small miss or weak guidance could easily send the numbers the other way as well.) Regardless, tomorrow isn’t actually that important. If Apple does indeed announce good numbers tomorrow, their market cap will almost for sure go shooting right past $350 billion. And their market cap remains around $400 billion. But let’s assume for the sake of this argument that Exxon’s stock remains roughly flat, as it has been the past several months. The summer driving season will be winding down, but any number of things can cause gas prices to still fluctuate either way, and that will obviously have an impact on Exxon’s stock price. For one thing, who knows what will happen in the oil industry. Obviously, there are a lot of variables at play here. This all points to Apple having a very real shot at becoming the most valuable public company in the world in the fall. And if, as expected, Apple’s beats the Street again tomorrow, the stock should go even higher - after stellar earnings last week, Google’s stock added about $20 billion in value. With momentum once again, Apple is gaining ground. Meanwhile, Exxon’s cap is just under $410 billion. And it’s trading even higher in the after-hours market, as anticipation builds for Apple’s latest quarterly earnings tomorrow.Īpple’s market cap is now just under $350 billion.
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Today, the stock closed a new all-time high, just under $375 a share, as 9to5 Mac points out. Meanwhile, in the past few weeks, Apple’s stock is like a rocket once again.
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But in recent months, Exxon’s stock has also begun to stagnate. And in the following months, while Apple’s stock began to stagnate a bit, Exxon’s kept rising, pushing their value way past $400 billion. But at the same time, we noted that it would likely be pretty hard for them to catch number one: Exxon.Īt the time, Exxon was roughly $75 billion ahead of Apple. In fact, the valuation made them the second most valuable company in the world period. In January, we noted that Apple surged past an amazing $300 billion market cap, making them by far the most valuable tech company in the world.