Monday, December 13, 2010

Apple.

Apple products have been a very popular and constantly growing selling item for the year 2010. The have come a long way in the past couple years, now selling a variety of computers, the popular iPhone, the iPad and now their HDTV. Apple is now up to $300 billion in market value. Exxon Mobile is the only other company in the United States exceeding them by $60,000. Apple is expected to bring in a profit of 26% more in this upcoming year. It has been rated one of the ten best stocks for 2011. Co-manager of Henssier Equity Funds, Ted Parrish says, “people shouldn’t underestimate the potential from Apple to gain more market share with Mac desktops and notebooks.” The company should experience another big rise in growth if they are able to sell their new TV product that just came out in September. There is a lot of growing room for the Apple Company. A lot of businesses still use PCs and are still in the process of upgrading to Mac. There has also been a rumor going around for quite some time about the iPhone now moving to Verizon’s Company. That would add yet another rise in the company. With the way Apple keeps reinventing itself, there should be a great amount of sales to come in the year 2011.
            I’ve noticed a huge rise in Apple products. They have become more and more popular in the past year or two. I am a huge fan of Mac and the innovative things they have come up with, so I am really happy to see that the company is doing so well. This means more technology for me to look forward to in this upcoming year.

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