Apple Now Worth More Than Google

[twoodcc]

great news for Apple. hope they continue to do well

 

[The Tall One]

Stock

Glad I bought stock in Apple a long long time ago.

 

[gkarris]

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.

Article Link

Dell - what an f'n joke, I'm surprised they're worth that much, with the way they treat their customers, and the fact their equipment is junk...

(ok, rant over...)

Go Apple!

 

[nick9191]

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.

Agreed.

First they ignore you.
Then they laugh at you.
Then they fight you.
Then you win.

 

[DoFoT9]

Agreed.

First they ignore you.
Then they laugh at you.
Then they fight you.
Then you win.

thats a very good way to put it, sure it might take two/three generations to win

 

[magiic]

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.

Im not sure Google ever got the memo about what a "beta" was lol

 

[koobcamuk]

Im not sure Google ever got the memo about what a "beta" was lol

gmail's imap support is awful. I never use online webmail as I want my emails offline. Wastes so much time logging in to a website...

 

[bommai]

gmail's imap support is awful. I never use online webmail as I want my emails offline. Wastes so much time logging in to a website...

Why would you say that? I use imap.gmail.com and it works wonderfully.

 

[TuffLuffJimmy]

gmail's imap support is awful. I never use online webmail as I want my emails offline. Wastes so much time logging in to a website...

I have never, in my 30,000 email career had a single issue with imap support in gmail.

 

[Unspeaked]

It's been almost a month so I thought it would be interesting to see how the companies mentioned in the first post have seen their market caps change:

- Microsoft (MSFT) - $255,648,204,000
Now: $247b

- IBM (IBM) - $169,964,678,000
Now: $159b

- Apple (AAPL) - $157,012,662,240
Now: $133b

- Google (GOOG) - $156,392,862,560
Now: $135b

- Cisco (CSCO) - $142,125,692,160
Now: $134b

- Intel (INTC) - $135,658,860,000
Now: $112b

- Hewlett-Packard (HPQ) - $111,866,423,760
Now: $116b

- Nokia (NOK) - $97,746,699,520
Now: $76b

- Research In Motion (RIMM) - $71,143,935,000
Now: $61b

- Disney (DIS) - $59,257,501,500
Now: $61b

- Dell (DELL) - $50,483,256,060
Now: $37b

 

[DoFoT9]

look out IBM your next