“When I spoke with Sonos Chief Executive John MacFarlane last April, he had a simple observation about Apple,” Brian Caulfield blogs for Forbes. “The bigger Apple gets, the bigger it needs to get.”
“And right now, Apple’s as big as it gets, surpassing oil giant Exxon Mobil Tuesday to become the world’s most valuable company,” Caulfield writes.
MacDailyNews Note: Exxon Mobil retook the lead before the markets closed today. Apple’s market cap stands at $346.74 billion, Exxon’s is $352.90 billion.
Caulfield writes, “Like Apple, MacFarlane’s company builds boxes — in his case networked home stereo systems — so he knows the terrain. His theory: Apple will have to attack the $100 billion television business next.”
Read more in the full article here.
Apple overtakes Exxon Mobil as world’s most valuable company – August 9, 2011
Analyst: Apple expected to launch 3 HDTV models by March 2012 – August 1, 2011