Must Read Rumors

Kate Middleton comforts mother of autistic teen at Place2Be charity event

The Duchess of Cambridge consoled an emotional mother whose son was diagnosed with autism.

Kate Middleton reveals Prince George loves dinosaurs and Princess Charlotte is ‘chatty’

During a visit to London’s Natural History Museum, Duchess Kate confided about her children’s tastes and personalities.

Kate Middleton is ‘an amazing mother and a fantastic wife,’ Prince William says

Known to be quite discreet about his private life, Prince William has lifted the veil on his family life in an interview with Talk Vietnam.

Duchess Kate to be played by actress Charlotte Riley in new TV drama

A British actress is set to step into the shoes of Kate Middleton.

Kate Middleton makes surprise visit to Gloucestershire hours after attending movie premiere

Duchess Kate made an official visit to The Nelson Trust Women’s Centre in Gloucestershire on Friday.

Kate Middleton comforts mother of autistic teen at Place2Be charity event
Kate Middleton reveals Prince George loves dinosaurs and Princess Charlotte is ‘chatty’
Kate Middleton is ‘an amazing mother and a fantastic wife,’ Prince William says
Duchess Kate to be played by actress Charlotte Riley in new TV drama
Kate Middleton makes surprise visit to Gloucestershire hours after attending movie premiere

iPhone 5 rumors: Apple to become trillion-dollar company thanks to new iPhone, iPad Mini and iTV

by Nicole
August 23, 2012 at 1:30 pm

Apple became the most valuable U.S. company in history on Monday.

According to BGR, Topeka Capital Markets analyst Brian White predicted that The Cupertino-based tech giant could become the most valuable company of all time.

In a note to investors on Tuesday, the analyst estimated that the launch of the iPhone 5, iPad Mini and iTV will send Apple’s market cap beyond $1 trillion.

“In June, analysts and market pundits expressed growing concern that Apple would succumb to the $500 billion ‘market cap flu’ and the stock would finally roll over,” White wrote.

“In a note on June 18, we highlighted why we felt this was a fallacious argument and pointed out that investors should think of Apple’s market cap in terms of ‘trillions’ and not ‘billions’. Based on our calculations, Apple is now the most valuable company ever, finally surpassing the market value of Microsoft at the peak, and removing a key sentiment barrier for the stock.”

“With the help of blockbuster product launches on the horizon with the iPhone 5, iPad Mini, Apple TV and potential China Mobile relationship, we believe Apple is on a path to generate the highest annual net income of any publicly traded company ever by at least CY13,” he added.

“On average, we estimate Apple’s net income in CY12 will be over 5.6x higher than the three tech companies on an individual basis (when at $500 billion) or 1.7x the aggregate profit of these three companies combined.”

The devices are expected to be launched on September 12 and be available nine days later, on September 21.

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