Apple nears half a trillion dollar valuation following iPad 3 invites

Apple closes in on $500 billion valuation with share prices rising 1.8 per cent following the arrival of the official iPad 3 announcement invites

 

Following the issuing of the official invites to the March 7th Apple iPad 3 release announcement, Apple has seen its stock prices soar as the Cupertino based company narrows in of a half a trillion dollar valuation.

Extending its reach as the world’s most valuable company, Apple yesterday saw its shares rise $9.65, 1.8 per cent apiece to close the day at $535.41 (£336.12) and give the company an overall valuation of $499.2 billion (£313.4bn), some $90 billion more than the world’s second most valuable company, Exxon.

Apple iPad 3 Rumours

Confirmed to be heading for a March 7th unveiling, much speculation now surrounds the imminent iPad 3 release date with March 16th or March 23rd likely options based on Apple’s past routines.

Tipped for inclusion on the second-generation Apple tablet, the iPad 3 is expected to play host to a higher resolution screen, similar to the Retina display offering found on the iPhone 4 and iPhone 4S.

"The new display is capable of greater resolution than the current iPad, with more pixels on its screen than some high- definition televisions," an unnamed insider source announced recently. "The pixels are small enough to make the images look like printed material. Videos begin playing almost instantly because of the additional graphics processing."

Rumours of an Retina display touting iPad 3 were further bolstered by the official Apple invite which announced simply: “We have something you really have to see. And touch.”

Elsewhere recent iPad 3 rumours have suggested the iPad 2 replacement will feature a form factor 1mm thicker than its predecessor with the increased internal space to be filled with the new display, an A6 quad-core CPU and improved optics for the rear-mounted camera.

What would you like to see incorporated into the next-generation Apple iPad device? Let us know via the T3 Twitter and Facebook feeds.

Via:TheTelegraph

New Apple iPad latest..

New iPad hands-on
New iPad 3 review

New iPad 3 Review: A higher-def screen and a slicker look. Does the iPad 3 mark a point at which resistance to Apple’s market-leading tablet becomes futile?

Comments

Be the first to comment…

Back to top
Close
T3 Newsletter
Sign up to recieve the T3 newsletters by entering your details below

Your Details

As you're registering with us. we'd like to think that you'd enjoy receiving the following emails; if you'd rather not receive them, please untick the boxes:

I would like to receive other emails from T3, Future Publishing Limited and it's group companies containing news, special offers and product information
I agree to the terms of use and privacy policy and confirm that I am over 16 years of age *
Close
Log in or Join

By clicking below you agree to our terms and conditions and our privacy policy

Log in to T3.com with your preferred social network

Log in with your T3.com account

CloseJoinPlease complete these additional details

Join T3.com with your preferred social network

OR

Join T3.com

Please tick this box to confirm you are 16 years old or over

Just so we know you're human

Newsletters

I would like to receive T3 email newsletters, packed full of the latest tech news, competitions and exclusive offers.

I would like to receive other emails from T3, Future Publishing Limited and its group companies containing news, special offers and product information.

I would like to receive offers from carefully selected third Parties. We will not share your data with the third party.

Close Edit your profile

Change your password

Newsletters

I would like to receive T3 email newsletters, packed full of the latest tech news, competitions and exclusive offers.

I would like to receive other emails from T3, Future Publishing Limited and its group companies containing news, special offers and product information.

I would like to receive offers from carefully selected third Parties. We will not share your data with the third party.

Social networks

You have authorised these social networks to interact with your T3.com account.

Please ensure you deactivate or revoke access to this website from within your social networks settings to ensure all permissions are removed.

Close Forgotten your password

Forgotten your password?

Please enter the email address that you used to sign up and we'll send you a new password

Close
Forgotten password
Don't have a T3 Account? Join now