Apple Now Worth More Than Google

[cameronjpu]

congrats apple

and mr. dell must feel like crap right now...

Yeah I bet it sucks to have as many billions in the bank as he does....

 

[itcheroni]

I bought mine at $33 in 1984, two splits ago (net adjusted price is $8.25).

At least Apple, unlike google, actually produces a product, does R&D, and contributes something rather than just sucking up other peoples work and selling advertising.

There's a single product that could kill the entire Google business model: AdBlock. If it ever gets widespread adoption, watch that stock crash.

A service is a product. Just because you can't hold something in your hand doesn't mean people didn't work hard on it. If it was that easy, you should let Jerry Yang know.

 

[stevearm]

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.

Tell that to Apple and Apple fanboys re: Microsoft.

Except in that case, it's hardly looking 'down' at MS, but looking 'up' at it.

 

[PlaceofDis]

amazing what apple has become since jobs took back over.

 

[IJ Reilly]

A service is a product. Just because you can't hold something in your hand doesn't mean people didn't work hard on it. If it was that easy, you should let Jerry Yang know.

I don't think that was the point of the comment on Google. Even if it was, I would add that I believe Google is surfing a wave right now, but that I'm not convinced that they really know where they're going.

 

[revenuee]

I don't think that was the point of the comment on Google. Even if it was, I would add that I believe Google is surfing a wave right now, but that I'm not convinced that they really know where they're going.

I think the entire iGoogle system shows that Google has pretty good idea of where it is going.

the iGoogle system is taking advantage of faster processing speeds and faster internet connection to develop a world wide main frame.

Take Google docs -- sure, in their infancy they probably don't pose a real threat to Office software, but give it development time. What other software solutions can we see?

integrated google mail and calender.

is online photo editing software that far away? how about video editing?

google is building a foundation for powerful next generation internet devices.

speculation? off course it is ...but am really off my mark?

 

[Kwill]

Dems a'lot'a zeros for a computer company with an installed customer base that is less than 10 percent of Microsoft.

 

[bug67]

- 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

Those big numbers like that make my head hurt.

 

[dejo]

Today:

- 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

Dec 28, 2007 (when AAPL closed at record 199.83):
- Microsoft (MSFT) - $329,775,600,000
- Google (GOOG) - $220,910,558,500
- Apple (AAPL) - $177,025,400,400
- Cisco (CSCO) - $162,879,600,000
- Intel (INTC) - $150,391,200,000
- IBM (IBM) - $148,621,500,000
- Nokia (NOK) - $147,212,000,000
- Hewlett-Packard (HPQ) - $126,859,200,000
- Research In Motion (RIMM) - $66,012,630,000
- Disney (DIS) - $60,949,600,000
- Dell (DELL) - $50,399,000,000

 

[wmw71190]

I'm sure Mr. Dell made a large deposit out of his oversized bank account. He is going to need that money to pay his employees to not make fun of him

 

[IJ Reilly]

speculation? off course it is ...but am really off my mark?

All I can say is I'm not convinced. I describe Google as a company with ADD. I see them heading off in all directions at once without really perfecting anything. Gmail is still in beta -- how many years later? Google Earth is a nightmare and hasn't been updated for some time. Maps still lacks some obvious features. I don't know anyone who uses their online applications. They do one thing really well, which has given them lots of money to pursue a wide variety of projects -- but where's the focus? Where's the desire to get something right before they take up the next thing?

 

[kjs862]

Its kind of funny seeing IBM up on the top of the list, I know they do a lot of solutions, but you hear IBM and you think PC and I haven't seen an IBM PC is while.

 

[akm3]

Apple has a higher market cap then Dell and RIMM combined

It begs the question: Are they over valued right now?

 

[applefan69]

its funny

11 years ago everyone say apple dead

now everyone is finally fearing the great big apple all over again.

Mostly thanks to steve jobs...

 

[portent]

Dems a'lot'a zeros for a computer company with an installed customer base that is less than 10 percent of Microsoft.

Yeah, it's almost as if financial performance and market position had very little to do with one another...

 

[Bonte]

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

http://www.businessweek.com/magazine/content/08_32/b4095000656875.htm
Cash and Short- term investments
Microsoft : $23.7 billion
Apple : $20.8 billion

 

[PinkyMacGodess]

My, how times change...

Maybe Dell should close shop before the billions of people they have pissed off come marching through their doors and tear the place down to the ground...

Dell needs to step down and someone with a mind for actually living up to PR get the wheel.

 

[EricNau]

All I can say is I'm not convinced. I describe Google as a company with ADD. I see them heading off in all directions at once without really perfecting anything. Gmail is still in beta -- how many years later? Google Earth is a nightmare and hasn't been updated for some time. Maps still lacks some obvious features. I don't know anyone who uses their online applications. They do one thing really well, which has given them lots of money to pursue a wide variety of projects -- but where's the focus? Where's the desire to get something right before they take up the next thing?

I agree. It's almost as if Google is the bloated Apple of 12 years ago: no direction and lacking focus. They've released some great products in recent years, but at the same time they're letting those products stagnate, while wasting resources on endeavors with little promise of success or return.

 

[BjarkiS]

All I can say is I'm not convinced. I describe Google as a company with ADD. I see them heading off in all directions at once without really perfecting anything. Gmail is still in beta -- how many years later? Google Earth is a nightmare and hasn't been updated for some time. Maps still lacks some obvious features. I don't know anyone who uses their online applications. They do one thing really well, which has given them lots of money to pursue a wide variety of projects -- but where's the focus? Where's the desire to get something right before they take up the next thing?

I would say Gmail is something they have gotten just right. I don't know why that beta tag is still there, I've never (since 2004) felt like it was an incomplete product.

 

[IJ Reilly]

Yeah, it's almost as if financial performance and market position had very little to do with one another...

No, it's really just the opposite. Apple is showing tremendous growth and more growth potential for the future with profitable products. Microsoft bumped against some natural limits years ago, and they only make money on Windows and software. Everything else is a loser.

 

[revenuee]

All I can say is I'm not convinced. I describe Google as a company with ADD. I see them heading off in all directions at once without really perfecting anything. Gmail is still in beta -- how many years later? Google Earth is a nightmare and hasn't been updated for some time. Maps still lacks some obvious features. I don't know anyone who uses their online applications. They do one thing really well, which has given them lots of money to pursue a wide variety of projects -- but where's the focus? Where's the desire to get something right before they take up the next thing?

No one is asking you to be convinced

but

Should they have ALL 17K emoployees working one project?

they have divisions and groups trying and experimenting -- are they charging for such inferior products? No, they allow you to choose and use, and experiment.

I think if they can afford it, they should try to grow.

 

[bigmc6000]

I think some of the comparisons to stock prices in the past as they relate to market cap are a bit hard to get a hold of unless a financial source gives them to you. You can't just take the current cap and divide by the price and then multiply by the previous price because market cap is stock price times the number of shares. I don't think anyone here would claim that the number of shares in Apple when it was at 195 is the same number of shares it has today.

 

[IJ Reilly]

Cash and Short- term investments
Microsoft : $23.7 billion
Apple : $20.8 billion

The downward trend began when Microsoft declared a stock dividend, which is what Apple should also do.

I agree. It's almost as if Google is the bloated Apple of 12 years ago: no direction and lacking focus. They've released some great products in recent years, but at the same time they're letting those products stagnate, while wasting resources on endeavors with little promise of success or return.

Or Microsoft during the mid-'90s, when it looked like there was no bet they wouldn't place.

I would say Gmail is something they have gotten just right. I don't know why that beta tag is still there, I've never (since 2004) felt like it was an incomplete product.

Obviously they don't think it's done yet. Or maybe it's an oversight. Now, that would be even worse, no?

 

[WaRrK]

I find those numbers amazing - we still think of Microsoft as this unassailably large company (don't get me wrong their influence is still immense) but they are now less than 2/5 bigger than Apple.

Microsoft's problem is that their cap is shrinking whilst Apples is growing.

we live in interesting times....

 

[137489]

Quote:
"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.


Really? Well Mr. Dell... Considering your standing and your company's customer service track record - I would shut [dell] down and give the money back to anyone who ever bought a product from Dell....

God knows I could use my $1500 back. Ah but yes, it is my experience with Dell (home and work) and seeing all other companies fold or get bought out as to why I looked at Apple. That and the fact I saw how nice OS X is.
Now that I did switch- never going back......

Well done Dell, another disastified customer = another Happy Apple Switcher.


YOU ROCK STEVE!!!! Thanks for making apple what it is and having all the 3rd party software companies take note.

And to quote Bill Gates "Nooo... Unix is Bad" Oh really? Unix is the most stable OS around and FREE BSD is Unix, which is the underbelly of OS X.