Apple scoring high
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE According to industry buzz, Apple is set to become the world's first trillion-dollar company when its shares top $1,000 each. The Company recorded its shares were worth $633.38 last week as its stock price rose above Google's for the first time. Brian White, Topeka Capital Markets said, "Apple's sky-high share price will hit four figures within 12 months - making the company worth $1trillion. Apple fever is spreading like a wildfire around the world." Gene Munster, Piper Jaffray claimed, "Apple stock will hit $1,000 - but by 2014." The company, based in Cupertino, California, is already supposed to be the most valuable company in the world currently valued at $590.82billion (£372billion). In January Apple shared that it had more than doubled its profits to $13.06billion, compared with $6billion for the same quarter in 2010. That was driven by record sales of 37.04m iPhones in the final quarter of 2011, 128 per...