AAPL Continues to Rise, While GOOG Continues to Fall in 2012

As we pointed out last week, Apple’s share price is seeing tremendous growth in 2012, but that’s not all. Turns out, while Apple’s share price continues to increase, Google’s continues to fall. There’s no other tech company stock right now which is seeing growth like this. Now, let’s compare Apple’s share price growth versus Google’s in a similar time frame. I’m going to graph the share price until February 7th.

In roughly the past month, AAPL has a seen a gain of over 60 points that has increased its price by nearly 16%. This was due to the blowout quarter the company reported two weeks ago, and since then, the share price has seen solid growth and closed at yet another record high of $468.83. Not only that, but Apple’s iPhone also nabbed 75% of mobile phone profits last quarter with just 9% of unit share. The company’s share price is nearing $470. Remember, this company has been declared “doomed” many times now and is not dominating in marketshare.

Apple Google 2012

However, if we take a look at Google’s share price during the same duration, GOOG has seen a monthly decline of over 30 points which has decreased its price by 6%. This is due to the fact that the company failed to meet earnings expectations for the second time in a row. It really is only a matter of time until Google’s share price is lower than Apple’s. In fact, even to this day, Apple’s share price is trading lower than what it should be at. If things continue to go the way they are, it can get much worse for Google. Remember, business is always about the money. How can this be for a company that’s dominating in marketshare and “winning?”

AAPL off to a Fantastic Start in 2012

Recently, bloggers and media have been suggesting what Apple should do with its nearly $100 billion in cash pile and why the company is doomed, but what they fail to point out is the tremendous growth Apple’s share price is seeing. There’s no other tech company stock right now which is seeing growth like this. Today is the last day of the month in January, which means that the stock trading for this month came to a close. Apple’s share price growth for the first month of 2012 is notable as MacRumors points out.

AAPL has seen a monthly gain of over 50 points that has increased its price by nearly 13%. This is due to the blowout quarter the company reported a week ago, but since, then the share has seen solid growth and closed at yet another record high of $456.48 today after touching $458.24 earlier in the day. In fact, just last week the company’s share price soared past $450.

AAPL Jan 2012

Just yesterday, it was reported that the company may soon sell as many iPhones in China as it sells in the rest of the world combined! With that being said, Apple is now also the world’s most valuable company with a market cap that tops $425 billion.

AAPL Soars Past $450

Today, Apple announced its best quarter ever, and the figures are incredible! In the after hours, Apple’s share price has soared past $450. At $450 per share, AAPL’s market cap goes to over $420 B, again passing Exxon. Last September, the company’s share price touched $413.23 late in the after market, but closed at $411.63. Then, just a week ago, Apple’s share price has closed at an all-time high of $429.

Apple 450 after hours

If Apple closes any higher than $429 tomorrow, it will be a new all time high. In addition, if AAPL’s market cap exceeds $420 billion, then it will become the world’s most valuable company again! Currently, Apple is the world’s most valuable technology company. Its last quarter’s earnings surpassed $40 billion and sold over 15 million iPads, up 111 percent over the year-ago quarter. In addition, Apple sold 37.04 million iPhones, up 128 percent from the year-ago quarter. The company also sold 15.4 million iPods during the quarter, which represents a 21 percent unit decline over the year-ago quarter.

The company’s guidance for the second quarter of fiscal 2012 includes expected revenue of $32.5 billion and earnings per diluted share of $8.50.

Apple Reports Best Quarter Ever

Today, Apple announced its financial results for the fourth calendar quarter of 2011 and first quarter of 2012. The street and analysts suggested a $40 billion quarter, but even their predictions were off. The company reported revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share, compared to revenue of $26.7 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. A massive Q1 blowout and this is the company’s best quarter ever. The company’s last quarter revenue was 2x of Microsoft’s and nearly 4.6x of Google’s!

Apple quarterly earnings chart

In addition, gross margin was 44.7 percent, compared to the 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue. Apple’s quarterly profit and revenue were both company records. Apple sold 37.04 million iPhones, which is 128 percent from the year-ago quarter. It should be pointed out that copy-cat Samsung only *shipped* (not sold) 28 million smartphones last quarter. Also, the iPhone 4S was a total flop, just like the pundits said. A miserable 37 million sold! The company also sold 15.43 million iPads during the quarter, up 111 percent over the year-ago quarter. During the last quarter, Apple sold 15.4 million iPods, which represents a 21 percent unit decline over the year-ago quarter. This is a new record for iPhone, iPad, and Mac sales during the quarter.

Apple quarterly earnings pie chart

Apple’s guidance for the second quarter of fiscal 2012 includes expected revenue of $32.5 billion and earnings per diluted share of $8.50. You can listen to the live stream of its Q1 2012 financial results conference call here.

[Image credit: MacRumors]

Apple is Now Worth More Than Greece

Apple logo

You probably are thinking that the headline of this post is crazy, but in reality it is not. Apple’s share price and market cap has grown like a weed. Just yesterday, it was reported that Apple’s share price had closed at all-time high of $429. While the share price continues to grow, its market cap is growing too. Today, Apple’s market cap has touched $400 Billion, reports CNN Money. It is a record high for the world’s most valuable technology company.

The company’s market cap skid just below the $400 billion mark and share price fell back from an all-time high of $431.37 it set earlier in the morning. At the end of the day, Apple closed at a market cap of $398 billion. In fact, once Apple’s market cap closes at $400 billion, it will only be $20 billion away from becoming the world’s most valuable company. In the past, Apple has stolen the spot away from Exxon. Currently, Exxon claims that spot with a market cap of $420 billion.

Just a few months ago, Apple was worth as much as all Euro zone banks combined. Today, Apple’s worth is higher than the gross domestic product of Greece, Austria, Argentina, or South Africa. Holy moly, and to think the company was doomed nearly a decade ago. What’s hilarious is that Apple’s market cap is nearly twice of Google’s ($207 billion) now. You know, the company that’s dominating in marketshare. To see all the things Apple is worth more than, checkout out this blog.

So let me get this straight, a company that was nearly dead at one point has seen a growth of nearly 4000% in the past 10 years, has more cash in the bank than the US Government, is worth more than Greece, and is the most valuable technology company in the world. Mind boggling isn’t it? Next week, Apple will report its quarterly earnings for the past, and it is expected to be a $40 billion quarter for the company.

Apple’s Share Price Closes at All-time High of $429

Apple 429

My oh my, Apple’s share price is surely growing quickly! Last September, the share priced touched $413.23 late in the after market, but closed at $411.63. Today, Apple’s share price has closed at an all-time high of $429. In addition, Apple is continuing to close in on a $400 billion market cap and is currently just as $398.70B at closing. In the after hours, Apple’s share price closed at $430.

On January 24th, Apple will announce its Q1 results, which are expected to be recording breaking. The conference call will occur at 5:00 PM Eastern / 2:00 PM Pacific which will reveal the earnings itself. Earnings are usually announced at 4:30 PM Eastern. In fact, Apple is expected to have had a $40 billion quarter and have sold 13.5 million iPads!

Tomorrow, Apple is having an event so expect the share price to close even high tomorrow. The event is supposed to be related to a major announcement in the textbook industry. Reports suggest that Apple has made partnerships with well-known publishers, and may even launch its own textbook creation tool. Apple teased the event as an education announcement on the event they sent out. Tomorrow’s event begins at 10 AM EST.