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Apple Now Worth More Than Google

MacRumors

macrumors bot
Original poster
Apr 12, 2001
51,543
13,170
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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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plumbingandtech

macrumors 68000
Jun 20, 2007
1,993
1
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.
 
Comment

Matthew Yohe

macrumors 68020
Oct 12, 2006
2,198
129
Does anyone know what method Google uses to calculate P/E? (Trailing, Future)

Currently AAPL is at 35.06 and GOOG at 32.86.
 
Comment

KindredMAC

macrumors 6502a
Sep 23, 2003
973
210
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.
 
Comment

w00master

macrumors 65816
Jul 18, 2002
1,120
304
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? ;)
 
Comment

plumbingandtech

macrumors 68000
Jun 20, 2007
1,993
1
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.
 
Comment

Unspeaked

macrumors 68020
Dec 29, 2003
2,448
1
West Coast
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.)
 
Comment

ArtOfWarfare

macrumors G3
Nov 26, 2007
9,061
4,994
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.)
 
Comment

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
17,582
1,614
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.
 
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