Sunday, December 8, 2013

Apple worth half a trillion dollars



The U.S. technology company Apple can point to a record and that the stock market value was on Friday to 500 billion U.S. dollars. At the beginning the company had reached this value before. The share price had amounted on Friday at 550.33 U.S. dollars but was still far away from the highs of last year. In September 2012, the stock price had climbed to more than 700 U.S. dollars.

The company is under intense pressure by its shareholders, mainly because the billionaire Carl Icahn calls a multi-billion share buyback program. The company has free cash of more than 100 billion U.S. dollars, and this money should be the requirements fully distributed to the shareholders. The innovation is obviously no longer the focus but enhances the increase in stock market value. Two years ago, Apple founder Steve Jobs had died, and since that loss Apple has a noticeable loss of innovative momentum. Only new improved Apple iPhone or Apple iPad coming to the market while it used over and over again were surprises in the products.

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