The Apple homepage today is dominated by a video tribute to Steve Jobs, the pioneering (and notoriously prickly) Apple chief, who died last October, after a long fight with pancreatic cancer. Jobs helped make Apple one of the most valuable companies in history, and certainly one of the most influential – in their own ways, the iPod, the iPhone, and the iPad each drastically altered the entire tech landscape.
So a year after Jobs's death, where does Apple stand? Well, for one, the Cupertino giant is still raking it in hand over fist. In late August, Apple stock hit $674, an all-time high for the company (it currently hovers around $660); it has approximately $100 billion in cash on hand. That's enough to buy a small country – it's also enough, as others have suggested, to start scooping up scads of smaller tech properties.
Source: CS Monitor. Read full article. (link)