Apple now the SECOND LARGEST company in the world!

Discussion in 'Apple, Inc and Tech Industry' started by 50548, Sep 23, 2010.

  1. 50548 Guest

    Joined:
    Apr 17, 2005
    Location:
    Currently in Switzerland
    #1
    AAPL has just surpassed PetroChina to become the second largest company in the world by market cap, just after Exxon...

    Any comments, Mr. Dell? :rolleyes:

    [​IMG]
     
  2. maflynn Moderator

    maflynn

    Staff Member

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    Boston
    #2
    Market cap while a popular metric is not an accurate measure of a corporation's size, and profitability.
     
  3. talkingfuture macrumors 65816

    talkingfuture

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  4. runplaysleeprun macrumors 6502a

    runplaysleeprun

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    #5
    God, I remember when old Mikey started that ranting back in the day.
     
  5. TSE macrumors 68030

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    St. Paul, Minnesota
    #6
    Microsoft isn't going to die anytime soon, Windows 7 is brilliant and their phones look like they have promise.
     
  6. applefan1997 macrumors 6502

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    #7
    I just realized that Michael Dell looks like Shrek. When he became a human.
     
  7. Bernard SG macrumors 65816

    Bernard SG

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    #8
    Whhaaaatttt? Michael Dell became a human??? :eek:
     
  8. kdarling macrumors demi-god

    kdarling

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    #9
    When I read "second largest", I think of a company with hundreds of thousands of employees, with branches and factories all over the world.

    Apple itself is not that large, but it's the second most valuable by current stock price.
     
  9. Skika macrumors 68030

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    #10
    [​IMG]
     
  10. 63dot macrumors 603

    63dot

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    norcal
    #11
    We should buy IBM, HP, Dell, Intel, or Microsoft, you know, since we are the second biggest company in the world.:eek:
     
  11. Eraserhead macrumors G4

    Eraserhead

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    #12
    So you think MS will lose their Office, Windows and Server markets?
     
  12. Bernard SG macrumors 65816

    Bernard SG

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    Jul 3, 2010
    #13
    Those markets will shrink over time. Apple is already eating some OS market share, Google may start to do so as well soon enough with Chrome, cloud-based computing is going to hit Windows hard in terms of relevance as well as it is going to change the very concept of "Servers". Meanwhile, there is no sense that Microsoft is readying itself in face of those new paradigms. Microsoft is notoriously a crippled company when it comes to innovation due to bureaucracy and internal corporate politics. Add the thickness of Ballmer on top of that, and well...
     

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