#11 How Apple became the world's most valuable company !

Hey Infinities, you all must be knowing about Apple company which make iPhone, MacBook, iPad, & many more electronic gadgets but whenever you will talk about Apple, the first thing will come in your mind is it's valuability in every field. So, we are here to tell you about the most valuable company 'Apple'.

For years, Apple Inc (AAPL) has held onto its rank as the most valuable publicly traded company in the world. As of August 1, 2018, its market capitalization is $974.42 billion. That’s a significant lead over second-ranked Amazon.com (AMZN), which is worth $874.72 billion. As Apple approaches the $1 trillion market capitalization mark, stock rose 4% on August 1, 2018. Shares started trading that morning at $199.13.

The rise of Apple began with innovation and a slew of product launches over the last decade. From the iPod to the iPhone to the iPad and the Apple Watch, each new product has woven its way into the fabric of our culture.

Can Apple keep it going ?
Apple is still in the "virtuous cycle," which means it has a positive pattern where a successful solution leads to more of a desired result or another success. In turn, that generates still more desired results or successes in a chain.
As long as Apple continues to innovate, there will be heightened demand for its products and services. This leads to pricing power, expanding profit margins and improved cash flow, which help drive the stock price higher while also allowing Apple to return capital to shareholders.

Critics say that without Steve Jobs at the helm, Apple has lost its innovative edge in recent years and is riding on its brand to drive sales. Its Apple Watch has not drawn the same enthusiasm and cult following as its iPhone did when it was first launched.

The Bottom Line
As a well-established brand with a loyal following, Apple has continued to defy naysayers' expectations. For the time being, the company seems well anchored as the world's most valuable company and is unlikely to be dethroned anytime soon, especially with its potential to soon become the first trillion-dollar company.

How Apple Became So Valuable
Apple Became World's Most Valuable Company Seven Years Ago Today, Two Weeks Before Steve Jobs Resigned as CEO. Today marks the seventh anniversary of Apple passing U.S. oil giant ExxonMobil to become the world's most valuable company for the first time, with a market capitalization of around $341.5 billion at the time.

Why Apple Products are So Expensive ?
Originally answered by CEO - Tim Cook
Apple doesn’t want to sacrifice quality for price — served mainly to reinforce his argument that Apple values great products over all else. (In typical Apple fashion, he made some half-dozen references to Apple’s “magic” or “magical” products.) Yet he also suggested that Apple’s innovation and product pipeline is driven at least in part by an effort to produce new gadgets at lower price-levels.

Apple Gadgets

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