Its market cap today is $577 billion. Where do the next $400-plus billion come from?
In a note to clients issued early Tuesday, Piper Jaffray's Gene Munster raised his Q2 iPhone estimate (to 33 million), set a new 12-month price target ($910 per share) and -- most provocatively -- laid out a roadmap for Apple's (AAPL) market capitalization to go from $576.79 billion as of Monday's close to $1 trillion by MORE
Philip Elmer-DeWitt - Apr 3, 2012 7:06 AM ET
But even at $600 a share, the company's stock price still seems out of whack
Apple's (AAPL) second fiscal quarter ends Saturday, and although the market spent Friday morning knocking the stuffing out of its share price (Apple fell back below $600 in mid-morning trading), Wall Street remains bullish on Tim Cook's company.
How do we know? We've watched the analysts' Q2 estimates for Apple climb more than 24% in the past MORE
Philip Elmer-DeWitt - Mar 30, 2012 11:40 AM ET
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* Apple's (AAPL) Tim Cook visited Foxconn's new iPhone factory in the Zhengzhou Technology Park during his trip to China. (Fortune)
* New Research in Motion (RIMM) CEO Thorsten Heins will give a progress report on the company's turnaround later today when RIM reports its latest earnings. (The Wall Street Journal)
* Mark Zuckerberg MORE
JP Mangalindan, Writer - Mar 29, 2012 10:14 AM ET
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* Dell (DELL) enterprise group president, Brad Anderson, says Dell is no longer a PC company. "Dell's changing very quickly," he said at an event. "It's no longer about shiny boxes. It's about IT solutions." Recent company's numbers corroborate that assessment: enterprise solutions and services now account for 30% of sales and MORE
JP Mangalindan, Writer - Feb 28, 2012 10:32 AM ET
Mike Daisey has released the script of his controversial monologue on the Internet
UPDATE: Anybody who is interested in Mike Daisey's work should first listen to the retraction prepared by This American Life here.
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Even as he performs an extended stay of his monologue The Agony and the Ecstasy of Steve Jobs at the New York Public Theater, Mike Daisey has done a rare thing for a professional writer and MORE
Philip Elmer-DeWitt - Feb 22, 2012 4:16 PM ET
Nightline to air its special after the kids are asleep Tuesday at 11:35 p.m. ET and PT
Four years ago, when I first starting writing about Foxconn, it was almost impossible to get a photo of the factory workers who assemble 40% of the world's electronic devices.
Now, 18 suicides, two fatal explosions, an off-Broadway show and a New York Times exposé later, Foxconn has opened the factory where Apple's (AAPL) iPads MORE
Philip Elmer-DeWitt - Feb 20, 2012 12:01 PM ET
Down 6% in 2011, that's where, according to the NPD Group
If it weren't for tablets and mobile phones, 2011 would have been a miserable year for the U.S. consumer electronics industry.
Total U.S. retail sales for the year were $144 billion, down 1% from 2010, according to a report issued Monday by the NPD Group.
That might not sound too bad. But sales of PCs, TVs and video game hardware were all down, MORE
Philip Elmer-DeWitt - Feb 13, 2012 10:13 AM ET
Apple is the only bright spot in the industry's worst quarter in a decade
Fourth quarter personal computer numbers for the U.S. market came in from Gartner and IDC Wednesday and for the second quarter in a row, Apple (AAPL) sales grew like gangbusters while the Microsoft (MSFT) Windows PC market actually shrank.
Apple sales in the U.S. were up 20.7%, according to Gartner, while HP (HPQ) was down 21.6%, Dell (DELL) MORE
Philip Elmer-DeWitt - Jan 12, 2012 6:39 AM ET
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* Zynga (ZNGA) raised around $1 billion in its initial public offering (IPO), giving the social gaming champ a $7 billion valuation. Check out colleague Dan Primack's list of the biggest winners to come out of this, including CEO Mark Pincus, Kleiner Perkins Caufield Byers, and Institutional Venture Partners. MORE
JP Mangalindan, Writer - Dec 16, 2011 3:00 AM ET
To compete with full-service tech giants such as HP, Oracle, and IBM, Dell is going back to its roots.
By Anne VanderMey, reporter
FORTUNE -- Forrest Norrod knows all about running a scrappy operation: Five years ago, when he started a business to design computer data centers for big corporations, Norrod's outfit was so lean that his team used dollar bills to measure server racks when they couldn't find rulers. One engineer built MORE
Nov 29, 2011 5:00 AM ET