Apple’s market value rapidly closing in on Microsoft’s

Discussion in 'Apple, Inc and Tech Industry' started by *LTD*, May 24, 2010.

  1. *LTD* macrumors G4

    *LTD*

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    #1
    http://macdailynews.com/index.php/weblog/comments/25348/

    Apple’s market value rapidly closing in on Microsoft’s
    Monday, May 24, 2010

    "Currently, shares of Microsoft (MSFT) are off $0.25, or -0.93%, to $26.59 which gives Microsoft a market value of $232.94 billion."

    "Shares of Apple (AAPL) are up $7.70, or 3.18%, to $250.02 for a market cap of $227.37 billion, a difference of just $5.57 billion, a mere 2.39% of Microsoft's total value."

    Could this be the week?
     
  2. rhett7660 macrumors G4

    rhett7660

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    #2
    I think it will get close, but when Apple does WWDC it will drop down a little more then spike back up. It could be a few more weeks, unless of course we have a pull back in the markets and we see the markets as a whole go down.
     
  3. belvdr macrumors 603

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    #3
    Because the end-all measure of success is market cap.
     
  4. *LTD* thread starter macrumors G4

    *LTD*

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    #4
    No, it's releasing game-changing products that consumers get in line for . . . plus market cap.

    Apple is already dictating the pace of change in the tech industry. When they pass MS' market cap it'll be quite a historic event. No one would have thought this possible a decade ago, but here we are.
     
  5. Compile 'em all macrumors 601

    Compile 'em all

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  6. Plutonius macrumors 604

    Plutonius

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    #6
    Apple is just another business like google and microsoft. The only reason I would care is if I was a shareholder.
     
  7. *LTD* thread starter macrumors G4

    *LTD*

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    #7
    And the Lipizzaner is just another breed of horse.
     
  8. JNB macrumors 604

    JNB

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    #8
    And absolutely useless if one needs a Clydesdale. ;)
     
  9. *LTD* thread starter macrumors G4

    *LTD*

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    #9
    Touché. Well done. ;)
     
  10. OzExige macrumors 6502

    OzExige

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    #10

    Attached Files:

  11. mikeyg00 macrumors newbie

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    #11
    What do you think Microsoft thinks of their bailout decision ...

    13 years ago now???

    http://www.nytimes.com/1997/08/08/o...icrosoft-s-eye.html?pagewanted=1?pagewanted=1

    I'm sure they never envisioned the turnaround, not in a million years.

    Remember when the new Microsoft OS launches were a MAJOR MAJOR industry event ??? Windows 7 barely registered a blip for me ... maybe it was big, but nothing like they used to be....

    The apple launches are what Microsoft's USED to be ....

    The irony....
     
  12. rhett7660 macrumors G4

    rhett7660

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    #12
    Well I stand corrected, it eclipsed MSFT today....
     
  13. maflynn Moderator

    maflynn

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    #13
    I still think this is a silly metric to compare the worth of a company. For instance, Microsoft could initiate a buyback that would reduce the number of outstanding shares and cause their share price to increase. They've had (AFAIK) more stock splits. When was the last time apple split its stock.

    the stock price for apple is artificially high because of this and other reasons.

    The real question is who has more assests, who has more revenue, who has less liabilities on the books. Stock prices are to some extent a popularity contest.
     
  14. *LTD* thread starter macrumors G4

    *LTD*

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    #14
    Not when this company was declared dead just a decade ago, and not when Bill Gates dismissed Steve Jobs as an amateur poseur when the latter returned to Apple.

    Apple's market value doesn't speak to Apple's market value. It speaks to what this company has accomplished, among which is making the largest software maker on the planet - twice Apple's size, with twice the R&D budget - look like complete dilettantes. THAT is the point.
     
  15. maflynn Moderator

    maflynn

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    #15
    Apple's success coming back from the dead has nothing to do with the how valid the market cap metric is used measure the success of a company :rolleyes:
     

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