Must Read Rumors

Kate Middleton, Prince William and Prince Harry set to be part of mental health documentary

The royal trio will reportedly take part in a mental health documentary for their mental health campaign.

Kate Middleton will visit EACH hospice at Quidenham

The Duchess of Cambridge, née Kate Middleton, is set to visit East Anglia’s Children’s Quidenham hospice for the first time this month.

Kate Middleton at first 2017 engagement: ‘Parenting is tough’

The Duchess of Cambridge, née Kate Middleton, recently visited the Anna Freud Centre for Children and Families that focuses on early intervention for young children with mental health issues.

Prince Harry and Meghan Markle spent first holiday together in Norway

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Kate Middleton, Prince William and Prince Harry set to be part of mental health documentary
Kate Middleton will visit EACH hospice at Quidenham
Kate Middleton at first 2017 engagement: ‘Parenting is tough’
Prince Harry and Meghan Markle spent first holiday together in Norway
Kate Middleton and Prince William’s 2016 Christmas card revealed

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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