After blasting through the $330 per share for Apple’s stock today, the company now has a market capitalization valued at around $302 billion dollars. While market cap isn’t everything, this is a substantial shift from the way things used to be. Apple used to be the underdog!
Remember when Apple was on life support in the ’90s after a series of bland and uninspiring CEOs and product lines? Since the return of Steve Jobs and his hand-picked crew of innovators, however, the company has seen a truly remarkable rise in profits and marketshare while expanding into completely new markets for the company. Apple is on the rise in a big way, and if what we saw in 2010 is any indication, 2011 will see even more growth for our favorite mobile device company.
Apple’s market cap passes $300 billion originally appeared on TUAW on Mon, 03 Jan 2011 16:30:00 EST. Please see our terms for use of feeds.
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