Apple After Hours Trading
October 6, 2011 by staff
The technology company had suffered a significant drop in the afternoon of October 4 asanlysts questioned the launch of Apple iPhone 4S, which was seen as not enough to compete with the increase of the combined threat of smartphones and Android Phone Windows.
However, the shares recovered towards the end of the day and finished in the top. Apple stock was trading at around 377 and at the time of writing, valuing the company at approximately and 350 billion dollars.
As co-founder of Apple, with his partner Steve Wozniak, Steve Jobs alone brought the company back to the brink of bankruptcy in early 1990 before monitoring the golden age of Apple.
That began with the iPod and iTunes before extending to the iMac, iPhone and iPad. Apple is now the largest technology company in the world (and for a moment the world’s most valuable company absolute) with a market capitalization of more than twice as Google.
With over 46,600 employees, has managed to outwit their competitors consistently delivering key metrics that can only be described as spectacular.
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