Monday, 8 December 2014

Apple Inc. at it again

Apple Inc., the US IT giant and maker of the iPhone brand has recently scored another first in corporate world by being the most valuable business in the world, after the company was valued at $700bn recently.

The release of iPhone 6 and iPhone 6 Plus has played a huge part in the success with the company's share stock experiencing about 60% in value after the products release. In it's third quarter, Apple made a record sale of 39.3million iPhones and has also projected Christmas quarter sale that would dwarf year 2010 sale.

By becoming the world's largest company, Apple has now put global oil giant Exxon Mobil in the second position with a worth of about $405bn. Other technological giants including Microsoft and Google are also in the trail of Apple's success.

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