Apple passes HP in market cap

Discussion in 'Apple, Inc and Tech Industry' started by Queso, Jul 26, 2007.

  1. Queso macrumors G4

    Mar 4, 2006
    Buoyed by yesterday's results Apple shares have surged over 6%, resulting in Apple passing the market cap of PC marketshare leader HP. As of 12:34 ET the market caps of the two companies were:-

    Apple - $ 126,896,521,080
    HP - $ 124,318,660,830

    Dell meanwhile are only worth roughly half an Apple at $65bn. Anyone have any advice as to what Mikey should do with the company? :D
  2. Shadow macrumors 68000


    Feb 17, 2006
    Keele, United Kingdom
    Does this mean Apple has the highest value of any computer manufacturer?
  3. FF_productions macrumors 68030


    Apr 16, 2005
    Mt. Prospect, Illinois
    I think so.:confused:
  4. Queso thread starter macrumors G4

    Mar 4, 2006
    Technically IBM (market cap $175bn) still make computers, but I think out of the PC manufacturers Apple is now the highest valued.
  5. CalBoy macrumors 604


    May 21, 2007
    Only $150 billion until Apple surpasses Microsoft:p At the current growth rate, that could happen by the end of next year! Either way, market cap isn't as important as earnings. HP still beats Apple there. Although, by late this year, they might become really close in revenue and earnings. All around, good news.

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