Apple's initial public offering on December 12, 1980 sold 4.6 million shares at $22 each, generating more capital than any other iPO since Ford Motor Company in 1956 and instantly creating 300 millionaires. By the end of the day, Apple's market ...
Although the company reported strong revenue growth in China, we believe that it will be difficult for Apple to sustain this growth rate due to increasing competition from Asian handset makers such as Samsung and HTC.
Apple Inc. (NASDAQ:AAPL), together with subsidiaries, designs, manufactures and markets mobile communication and media devices, personal computing products and portable digital music players worldwide.
Since January, Apple has bought back 47 million shares that would today have otherwise added over $25.6 billion to the company's market cap that's now increasingly closer to the $500 billion valuation the company had at the beginning of 2013.