Apple on Monday morning, the stock price exceeded $ 500 for the first time the company a market capitalization is nearly $ 500 billion. The U.S. stocks closed as of that date, Apple’s shares rose $ 9.18, to close at $ 502.60.
Thanks to the iPhone and iPad continues to sell well and break the sales record, and coupled with a Mac computer sales continue to break a new high, Apple stock has been rising in recent years.
6 months ago, Apple’s stock for the first time reached 400 U.S. dollars from the stock more than 300 U.S. dollars for the first time in 16 months. The stock rose to $ 200 for the first time in October 2009. Three years ago today, Apple stock is only $ 78.20.
While Apple’s stock price continues to rise, but the rise speed is still not keep up with the rate of growth of its profits.
Apple’s stock price rose 40 percent last year, but the company earlier profit growth of 117%. In the past two years, Apple stock is the cumulative gains of 150%, the rate of profit growth over the same period was 286%. Apple stock in the past three years, the cumulative increase up to 539%, over the same period a 711% profit growth.
This means that Apple stock still has some room to rise.
Apple’s 2012 fiscal year earnings forecasts, the stock’s expected earnings of 12 times, below the average price-earnings ratio of technology stocks in the Nasdaq 100 index that is, 18 times. With some other poor future performance predictability technology companies such as Netflix, Zynga, LinkedIn, and Facebook, Apple’s stock investment potential is also relatively larger.
Apple’s 2011 revenue is $ 127.8 billion, almost the same as the revenue of the largest U.S. technology company Hewlett-Packard. But Apple is still the same like the start-up company maintained a rapid growth rate. This year, Apple is expected to more than three weeks to become the world’s highest revenue technology companies.
The previous quarter, Apple’s revenue is $ 13 billion, second only to Exxon Mobil in the fall of 2008 oil prices reached a record high record is $ 14.8 billion single-quarter revenue record. Apple recently surpassed Exxon to become the highest market capitalization company in U.S. Apple’s market value has nearly $ 500 billion more than its competitors‘ sum total of Google and Microsoft’s market value.
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