Thursday, 23 January 2014
Apple Looking Ripe for Investment
Apple Inc. (AAPL), one of the best-known companies of the modern era, has acquired a reputation for revolutionizing consumer technology in every area it steps into. Over the past few decades, it experienced several rises and falls before it released iTunes, a digital music store, in 2000. There was no turning back, and iTunes was followed by the iPod, a digital portable music player, which became a raging success with music junkies around the world.
The company has since expanded its offerings by introducing some of the world’s most popular mobile communication and computing devices, while personal computers, portable digital music players and related peripherals and software have remained a mainstay of its product portfolio. Apple’s product line-up now includes the iconic iPhone and iPads, which have proved its elixir of life, along with its traditional iPod and Mac devices.
Today, Apple generates most of its revenues from sales of the iPhone, its flagship smartphone which revolutionized the mobile devices industry. The iPad tablet is Apple’s second-highest revenue earner.
Read More : AAPL