Essay sample library > Apple's Market Capitalization

Apple's Market Capitalization

2023-02-04 20:04:50

Market capitalization is a general indicator to evaluate the size of a company as representing the value of a company. This number is simply the stock number of the company multiplied by the stock price. (Slivka, 2010) 3 Acquiring curve access to the distribution path complements Apple's strategy. Unlike other competitors, Apple currently seems to be seeking a strong presence overseas. While America A accounts for 48% of income, Europe accounts for only 21%, Asia is less than 10%.

Apple's market cap is just over $ 90 billion after the 10th anniversary of the birth of iPhone and today's iPhone X launch. Almost 1 trillion dollars, Apple is about five times Greek GDP. The stock price on that day was closed at 172.5 dollars. According to which standards Apple is the ultimate symbol of the closed system movement lit by movement of free software or open source software established by Richard Stallman. In myriad families today, the discussion between Apple and Android is fierce. The most similar is the comparison between bit coin (open source and distributed type) and Fiat currency (closed type and centralized control). If art imitates life, software reflects our society. There are countries thought to be relatively closed, but other countries such as the United States and India are more open.

In the field of technology, Apple became the largest company after Exxon Mobil and became the second largest company in the United States. Apple's market value has continued to severely impact Microsoft for several months and the company almost killed Apple and then saved Apple by investing $ 150 million in 1997. Today, Apple is not just an increase in market capitalization, it is not Microsoft 's leading position. But it is determined to have Google, Amazon, HTC and other companies on the other side of the wall. Apple 's journey to such a high level is very fast, it may be the reason why I have little understanding of what happened.

Apple's stock price rose on August 20, 2012, the company's market value rose to a record $ 624 billion. This is beyond the inflation-adjusted market capitalization set by Microsoft in 1999. On August 24, 2012, a US jury ruled that Samsung should pay Apple $ 1.05 billion (£ 665 million) as compensation for intellectual property lawsuits. Samsung appealed damages and the court reduced $ 450 million. The court further approved the request of Samsung's new trial. On 10th November 2012, Apple resolved all litigation between Apple and HTC and confirmed a worldwide settlement agreement to support a two-company 10-year license agreement on current and future patents did. Apple is projected to reach $ 280 million annually at HTC.