Apple shares continued its advance even though shares other companies including Microsoft, Google, HP, IBM, Yahoo, eBay, Adobe, Amazon fell. Apple now leads Microsoft by US$7 billion in terms of market capitalisation.
Maintaining the momentum through the anticipated release of the new iPhone at the WWDC on 7 June and further foreign release of the iPad in July, I won’t be surprised if Apple overtakes Exxon Mobil by then to become the most valuable company in the US.
The worldwide launch of the iPad saw the gadget released in 9 countries – UK, France, Germany, Italy, Spain, Switzerland, Japan, Australia and Canada – two months after its initial launch in the US.
The much awaited release saw the expected queues build up at Apple stores in these countries more than a day before the 28 May Friday launch date.
The iPad will be released to a further 9 countries – Austria, Belgium, Ireland, Luxemburg, the Netherlands, Mexico, New Zealand, Hong Kong and Singapore – in July, and additional countries later this year.
Expect the same pent-up demand to build to the same frenzy when glazy-eyed fans vie to be the first in their respective countries to buy the iPad from a local store.
