Apple Now Worth More Than Google

[MacRumors]

Digital Daily notes that Apple's market capitalization at $159.37 billion is now worth more than Google's which is at $157.56 billion. Apple's market cap first exceeded $100 billion in May of 2007. Apple was included into the S&P 100 index at that time. For interest, MacDailyNews compiled a list of the market values of other notable companies:

- Microsoft (MSFT) - $255,648,204,000
- IBM (IBM) - $169,964,678,000
- Apple (AAPL) - $157,012,662,240
- Google (GOOG) - $156,392,862,560
- Cisco (CSCO) - $142,125,692,160
- Intel (INTC) - $135,658,860,000
- Hewlett-Packard (HPQ) - $111,866,423,760
- Nokia (NOK) - $97,746,699,520
- Research In Motion (RIMM) - $71,143,935,000
- Disney (DIS) - $59,257,501,500
- Dell (DELL) - $50,483,256,060

The practical significance of this ranking of market cap is little, but does always revive a famous comment by Michael Dell in 1997 when asked about what he would do to fix the then money-losing Apple:

"What would I do? I'd shut [Apple] down and give the money back to the shareholders," Michael Dell said before a crowd of several thousand IT executives.

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[MadDog31]

Job well done, Apple!

 

[SnowLeopard2008]

3 Apple = 1 Dell...

Now I would shut down Dell and give its money back to the shareholders.

 

[marklemac]

I'm sure glad I bought my Apple shares when they hit rock bottom $14 many many years ago

 

[Silver-Fox]

almost what i earn in a year

 

[B1gMac]

You mean 3 Dell= 1 Apple...

 

[Spock]

I bet Mr. Dell feels pretty stupid when he sees those numbers.

 

[plumbingandtech]

Wow. If apple sells 40 million iphones next year we could see it take over Microsoft and become the biggest tech firm of all time.

 

[emulator]

3 Apple = 1 Dell...

Now I would shut down Dell and give its money back to the shareholders.

why? dell isn't profitable?

 

[iTeen]

That's pretty dang cool.

 

[iSpeakApple]

Go apple

W00t Go apple woot woot!

 

[Matthew Yohe]

Does anyone know what method Google uses to calculate P/E? (Trailing, Future)

Currently AAPL is at 35.06 and GOOG at 32.86.

 

[KindredMAC]

I always love when Arn pulls out the Dell quote.

Never EVER look down on your competition, no matter how low you think they are at the time.

 

[w00master]

I always love when Arn pulls out the Dell quote.

Never EVER look down on your competition, no matter how low you think they are at the time.

Hmmm, maybe Apple themselves should take what you're saying to heart then?

 

[Kingsly]

New theory: Michael Dell started the Apple fire upon seeing those numbers.

 

[Unspeaked]

Does anyone know what method Google uses to calculate P/E? (Trailing, Future)

Currently AAPL is at 35.06 and GOOG at 32.86.

Trailing.

 

[bommai]

Wow. If apple sells 40 million iphones next year we could see it take over Microsoft and become the biggest tech firm of all time.

When you say all time, it is misleading. At one point in time, MSFT was worth almost $600 Billion. Apple has a long way to reach that.

 

[plumbingandtech]

When you say all time, it is misleading. At one point in time, MSFT was worth almost $600 Billion. Apple has a long way to reach that.

Good point. thank you.

 

[nick9191]

Wow. If apple sells 40 million iphones next year we could see it take over Microsoft and become the biggest tech firm of all time.

Doesn't really work like that.

AAPL 179.30
MSFT 27.91
GOOG 500.03

 

[Unspeaked]

Here's a notable one that was left off the list:

- AT&T (T) - $184,357,000,000

 

[plumbingandtech]

Doesn't really work like that.

AAPL 179.30
MSFT 27.91
GOOG 500.03

Isn't market cap the final calculation?

I mean the fluctuations you mention in the stocks above ultimately reflect the market cap no?

Edit: I see the confusion. I meant that if apple where to have an even better year (like selling 40 million iphones) then the last one, then price of their stock could attain a high enough number from investors( and by proxy raising of the stock price),that the market cap would be greater then microsoft.

 

[Unspeaked]

Isn't market cap the final calculation?

I mean the fluctuations you mention in the stocks above ultimately reflect the market cap?

Yes, I don't really get what nick9191 was trying to say. Stock price is meaningless. Market cap means everything.

(At least in the context of this discussion.)

 

[ArtOfWarfare]

How much money did Apple have at the time the Dell CEO made that statement?

Just wondering how much longer before he should take his own advice and shut Dell down.

... it'll probably still be another few years.

and after seeing how much money M$ has... I'm refiguring my estimate that M$ could callapse in 5 years to more like 15... but who cares about my estimates? I base my guesses off of almost nothing... and I have no experience. My opinion is useless and baseless (hopefully interesting at least, probably not though.)

 

[WildCowboy]

Doesn't really work like that.

AAPL 179.30
MSFT 27.91
GOOG 500.03

Stock price by itself is irrelevant in determining the "worth" of a company. You have to multiply the individual share price by the number of shares available, which is what market cap is.

 

[hob]

Here's a notable one that was left off the list:

- AT&T (T) - $184,357,000,000

you're kidding