The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.
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David Heath
Thursday, 11 March 2010 00:08
In an amazing turn-around, Apple's market capitalisation has risen from near zero around the start of 2003 to be very close to that of Microsoft.
The graph published today by Silicon Valley Insider demonstrates the mazing be-birth of Apple over the past seven years.
The chart clearly shows that Apple's market capitalisation was less that $US10B for the entire period from January 2001 to early 2004, during which time, Microsoft fluctuated between $US230B and $US400B. For a considerable period (mid 2002 to late 2007) Microsoft traded in a relatively narrow band between about $US230B and $US300B.
The resurrection of Apple started in earnest around mid 2004 when the company's market valuation commenced a steady rise to peak at $US180B at the end of 2007 (at this point, Microsoft had jumped up to $US350B).
Both companies tumbled badly during the Global Financial Crisis - each halving their value over the next 15 months.
Since then, Apple is well above any previous peak of the previous decade and Microsoft briefly reached $US280B before falling away.
As of today, Microsoft is valued at $US253B on a downward trend while Apple is at $US202B on a strong upward trend. Microsoft's 13c quarterly dividend probably didn't cause too much excitement, either.
However, some might say that Apple is a company founded on hype and promises.

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