Many investors are experiencing hindsight regret by not taking firm action with Apple long ago. In December 12, 1980, one share of Apple stock (APPL) was worth $2.75, which has grown to $396.75 in August 2011.
Since 2005, Apple stock prices have experienced an upward climb with the acclaim of the iPod and release of the first generation iPhone in 2007. Apple Inc. stock is among the leading competitors in the tech field, just behind Google and easily surpassing Microsoft.
Q1 2011 was booming with the iPhone being Apple’s highest revenue-generating product at $10.47 billion. The iPad takes the second seat at $4.6 billion in revenue, not to mention other revenue outlets such as portables ($3.7 billion), iPods ($3.43 billion), desktops ($1.73 billion), music ($1.43 billion), software ($786 million) and peripherals ($593 million).
Additionally, Apple Inc. has sold approximately 100 million iPhones, 275 million iPods and 25 million iPads to-date, making them the highest contender within portable technology.
Downloads are also another area which Apple dominates as 11.7 billion songs, 450 million TV episodes, 100 million movies and 35 million books have been downloaded via Apple Inc.’s iTunes store.
Apps are also breaking through to the top of the list with Apple Inc.’s extensive 425,000 apps, 90,000 of which are for the iPad alone. Currently, 6.5 billion apps have been downloaded by end-users at a rate of 200 apps per second.
Further emphasising Apple Inc.’s supremacy, two-thirds of all mobile web browsing is through their Safari web browser. Mac fans are climbing the ranks of computer users with the existing 54 million active Mac users, 73 per cent of whom use notebooks alone.