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Apple dethroned
Apple dethroned
Britain's Financial Times last week named Jobs its "Person of the Year" and even US President
Jobs' appearance on a San Francisco stage in January to unveil the
"It wasn't simply a matter of the illness that had sidelined him for half the year before, leaving him severely emaciated and eventually requiring a liver transplant," the newspaper said.
"Little more than a decade earlier, both Mr. Jobs' career and Apple, the company he had co-founded, were widely considered washed up, their relevance to the future of
Obama, at a White House news conference on Wednesday, held up Jobs as an example of the virtues of the "free market."
"We celebrate somebody like a Steve Jobs, who has created two or three different revolutionary products," Obama said. "We expect that person to be rich, and that's a good thing."
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Apple CEO Steve Jobs (R) looks at a display of the new MacBook Air at the company's headquarters in Cupertino, California. Britain's Financial Times last week named Jobs its "Person of the Year".
Other
But none has yet to prove capable of preventing Apple from establishing the same dominance over the tablet computer market that it exercises over the MP3 music player scene with the ubiquitous iPod, introduced in 2001.
Goldman Sachs said it expects Apple to ship 37.2 million iPads in 2011 -- "which could potentially make Apple one of the largest vendors in the global personal computing market" -- tablets plus personal computers.
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The
The iPhone 4, the latest version of the touchscreen smartphone introduced by Apple in 2007, sold 14.1 million units in the quarter which ended in September, up 91 percent over the same quarter a year earlier.
Even Apple TV, a product Jobs once dismissed as a "hobby," is notching up strong sales. Apple said last week that sales of the latest model of the set-top box that can stream content from the Web had topped one million units.
The rare blemishes on Apple's record in 2010 were its continuing inability to come out with a promised white model of the
Apple shares, worth 10 dollars at the end of 2003, gained around 60 percent this year, closing at more than 320 dollars on Wall Street on Thursday.
In May, Apple surpassed
Meeschaert New York analyst Gregori Volokhine described Apple's rise as "absolutely extraordinary" and said "every analyst has an even higher
"Apple's more than just a company," Volokhine told AFP. "It's become a cultural phenomenon. The hard part now will be not to disappoint."
(c) 2010 AFP
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1 comment:
Most successful entrepreneurs start-up with garage culture, like Apple, Steve Jobs who has encountered many difficulties before, was once rescued by Microsoft, see earlier post: Steve Jobs' Frenemies: http://right-waystan.blogspot.com/2010/01/steve-jobs-frenemies.html
Belief it or not, most innovative companies in 2010 according to Newsweek survey are:
1. Microsoft
2. Apple
3. Google
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