Apple to Facebook: $50 Billion? That’s It?
With the recent news that Facebook may be worth $50 billion, there have been many talks about the social giant finally going public in 2012. Whether Facebook‘s Mark Zuckerberg will actually follow through on these speculations is anyone’s guess – the private company is now worth more than Yahoo! and eBay – but there’s an even bigger story coming out of the West Coast (yes, even bigger than Facebook vs. Winklevoss Twins).
According to TechCrunch, Apple can now claim to be worth SIX TIMES that of Facebook. Apple has opened the 2011 year worth an amazing $300 billion. This makes the tech company the second most valuable company in the world, only behind Exxon Mobil – worth nearly $376 billion.
This was a huge year for Steve Jobs and his company, with the release of the iPad and iPhone 4. It’s been an unbelievable year for Apple who, just eight months ago, was worth $223 billion. If you’re keeping score at home, that’s a $77 billion dollar increase from May to January. To put it another way; Facebook is worth $50 billion; Apple increased its value by $50 billion since June, according to a report by Mashable.
So with only Exxon Mobil in its way of becoming the world’s most valuable company, the question is not if but when will Apple become number one?
I’m fielding guesses now!
About Ryan Lytle
Ryan Lytle is currently a producer, reporter, and social media strategist for U.S. News & World Report in Washington, D.C. Whether by accident, or not, Ryan has attained a diverse set of skills in variety of work environments: video at Cincinnati.com, multimedia at The Washington Post, television production at NBC's The TODAY Show, social media at MTV Networks, and all of the above at U.S. News. With this blog, Ryan shares his knowledge and experiences working in the professional world.
04. January 2011 by Ryan Lytle
Categories: Apple, Facebook, News, Social Media, Technology, Trending Topics | Tags: Apple, Exxon Mobil, Facebook, iPad, iPhone, Mark Zuckerberg, Mashable, Steve Jobs, TechCrunch | 3 comments