During yesterday's trading on the New York Stock Exchange, Apple has for some time been able to circumvent the cap on the volume of oil giant Exxon Mobil and become the largest company in the world . Analysts called it a landmark event is because it signals that the old market system has come to an end. According to experts, yesterday held a victory for the new economy, based on computer technology over the traditional business, whose representatives are energy companies and banks.
Although before closing again Apple has moved into second place, market observers noted that the return to the top position of the company that transformed the smartphone market and created a market from scratch plates, is only a matter of time.
Last Tuesday, the volume of the market capitalization of California-based company rose to 341.5 billion dollars after an extremely stressful midday trading, leaving Exxon with its 341.4 billion U.S. dollars. And despite the fact that the annual revenues of the energy giant is four times greater than the same period Apple. Due to the persistence of volatility in shares of companies (due to the instability of the economic situation and the lowering of the credit rating of the United States) over time quotes Apple dropped and Exxon has won back his losses. As a result of the close of trading on the capitalization of Exxon was 348.3 billion as against $ 346.7 billion from Apple.
The prospect of change, "the king of mountains", according to many analysts, is highly symbolic, reflecting the fact that the technology industry in recent years has increasingly strong influence on the American economy.
"Technology - is that today people have started to understand - said a senior market analyst at Banyan Partners Robert Pavlik (Robert Pavlik). - At some point, it was radio, and even earlier - the train. And I think it's indicative of our society "
Yesterday's Apple ascent to Olympus, from which she managed for a time to push the company Exxon Mobil, for more than five years, holding leadership is even more impressive when you consider that fourteen years ago Apple was on the brink. That's when she came back, Steve Jobs, to breathe new life into the company and set the vector of development, which proved most successful in all of corporate America's history. But thirteen years ago, some skeptical analysts determine the value of Apple, based only on the price of land, which are company-owned building.
Apple has (albeit briefly) to join the group of nine companies that hold leading positions in the ranking of S & P 500. These include such large corporations as General Electric Co, General Motors, IBM Corp, Microsoft Corp and AT & T Inc, DuPont, Philip Morris Cos, and Wal-Mart Stores Inc. These data tell analysts that follow the index Standard & Poor's. If at the close of trading Apple managed to get around in terms of market capitalization of Exxon Mobil, it officially became the tenth member to the group. This was stated by Howard Silverblatt (Howard Silverblatt), principal analyst at S & P Indices. He also recalled that a decade ago, the company from Silicon Valley for the first time included in the S & P 500 in 1982, ranked only 287 in the ranking of the place. In this context, the success of the company is still stunning.
As for Exxon Mobil, the company that headed the list of largest U.S. corporations in 2006, when prices for oil and gas prices have jumped up. And when the lion's share of the U.S. economy accounted for the heavy equipment, energy, military contracts and the financial sector, on top of the rankings was a corporation General Electric. Auto giant General Motors, went bankrupt in 2009, returned to the stock exchange, having re-IPO. And earlier, when the production cars was the main Industrial proud U.S., this company was the largest in the country and the world.
According to analysts, Apple's success lies in the fact that she was able to successfully ride the "mobile" wave that has swept in recent years, consumer markets worldwide. After the return of Steve Jobs' company has released several products that have become classics and set new standards in the industry. These include computer iMac, player iPod, smartphone iPhone, as well as tablet iPad, which could single-handedly and almost from scratch to create a market for tablet PCs.
Currently, Apple's stock just have to be in the long-term portfolio of every self-respecting investor, since it is obvious that as the rapid spread of popularity of the company products around the world will necessarily strengthen the position of its securities on the stock market.
From 1 July this year, Apple's market capitalization grew by more than 20 billion dollars due to expectations that the new model of the cult of the iPhone will provide a stunning volume of sales in the second half of 2011. At the same time, the total value of shares of Exxon Mobil in the same period fell by about 50 billion dollars due to price volatility in the oil market.
The only thing that worries analysts and investors on Wall Street, it is uncertainty about the health of the unchallenged leader of Apple Steve Jobs. Many fear that if for some reason, he will be forced to leave office without him the company would have an entirely different and perhaps not so successful. Others express concern about the growing popularity of smartphones and tablets based on the developed mobile platform from Google Android.
It is worth noting that two of today's leading rating totally relate differently to their investors. While Exxon pays a dividend on a quarterly basis, the shareholders of Apple last dividend received in November 1995. Thus, during this time Apple was able to gain "fat" in the form of more than $ 70 billion of free cash flow. Many analysts expect that this money is going to put Steve Jobs in a loud and regular large-scale project. Only shareholders of the minimum feed the hope that at least a small portion of these funds perepadet to them as dividends.
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