Apple has a lot to rejoice for. There is good news with a chery on top. Firstly for the big news. Apple has now surpassed the Market Cap of Windows and Intel, COMBINED! You have read it right (No need to rub your eyes in surprise). The Register blogs; with news from a very confident source, that on June 3rd 2011, Apple’s market share closed at $317.6bn compared to that of Microsoft ($201.59bn) and Intel ($115.21bn). Combine the two, the difference may not seem so much, but Apple is still way ahead. The iPad has helped Apple up its ante, while Intel is still tying to break into the low power mobile market.
This may come as a surprise to to naysayers like Michael Dell and Bill Gates. Michael Dell said in an interview (1997) that if he were an Apple CEO he would “shut down the company and five the money back to the shareholder”. Then there is a quote from an unpublished article in which Bill Gate says, “What i can’t figure out is why is Steve Jobs even trying. He knows he can’t win!”
As for other seemingly smaller news, Apple now has 200 carriers for the iPhone. Even though Apple has delayed the launch for the next iPhone from its usual June-July slot to sometime in September-October, the sales remain strong. Bill Shope, a Goldman Sachs analyst says, “Apple is adding lots of new carriers abroad. They’ll more than make up for any decline due to folks holding off on their iPhone 4 purchase for news of the iPhone 5 or 4s. We believe bears are failing to consider the continued underlying demand momentum for the iPhone 4, its international strength, and most important, continued carrier expansion.”
With the recent announcements regarding the next update for iOS, Apple is playing it pretty safe. Read our other articles pointing out the best features of iOS5 and Mac OSX Lion.
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