Market Leader informedThe company’s employees say it was due to the successful sales of Apple products. The biggest share of profit was brought by new products – iPhones and iPads. In 2010 Macs were 27% more popular with consumers while the sales volume of iPhones increased by 91% as compared to 2009. Only iPads didn’t come up to the company’s expectations – only 4.2M iPads were sold (with 4.8M expected)
In terms of capital value Apple can compete with such giants as Microsoft. In May 2010 investors priced Apple at $222B while Microsoft was valued at $219B. By now Microsoft has regained its position of the leader, yet the difference is not considerable.
Steve Jobs, the co-founder and chief executive officer of Apple, being excited with such a success of Apple products with consumers around the world, says that he loves every Apple product, which always amaze, promising news surprises by the end of the year.
Tatiana Ketran, an analyst at the Department of Market Sentiment Analysis, notes that Apple shares have updated the 2-year high. The last bar indicates that the pace of growth stats slowing down. Positive financial info may give further rise to Apple shares. If you are still out of the market, it is not recommended to enter it now.
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