Apple Passes Microsoft for Second Place in S&P 500 Weighting

Discussion in 'Mac Blog Discussion' started by MacRumors, Apr 22, 2010.

  1. MacRumors macrumors bot

    MacRumors

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    MarketWatch reports that Apple today passed Microsoft for second place in weighting on the S&P 500 index of large U.S.-traded stocks.
    The float-adjusted market capitalization metric used for the S&P 500 should not be confused with the overall market capitalization more commonly cited by observers. The S&P 500 uses a weighting factor to account for only those shares that are publicly available for trading, and it is by this measure that Apple has now surpassed Microsoft.

    By the traditional market cap metric, Apple still trailed Microsoft by nearly $35 billion at the close of regular trading today, although Microsoft has lost nearly $12 billion in market cap in after-hours trading following the release of its quarterly earnings report.

    Article Link: Apple Passes Microsoft for Second Place in S&P 500 Weighting
     
  2. Warbrain macrumors 603

    Warbrain

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    #2
    Apple will quickly surpass it.

    Just wish everyone got it right the first time by saying it was the weighted S&P cap. Still great news regardless considering what Apple came from.
     
  3. Cinematographer macrumors 6502a

    Cinematographer

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    #3
    Thanks for the clarification. There has been quite a lot of confusion about that.
     
  4. stridemat Moderator

    stridemat

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    #4
    Thanks for explaining this, I couldn't grasp the concept in this thread.
     
  5. Warbrain macrumors 603

    Warbrain

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    #5
    Extreme amount of confusion because VentureBeat didn't state it.
     
  6. jaw04005 macrumors 601

    jaw04005

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    #6
    This article reminds me of the “[If you count just right] Apple is the largest mobile devices company in the world.” quote from the iPad launch. :D
     
  7. Rocketman macrumors 603

    Rocketman

    #7
    Buy on rumor, sell on news.

    The only thing is considerable news is still due all throughout the summer.

    - iPad 3G shipping and retail sales will become visible
    - iPad 5 country
    - iPad 25 country
    - iPhone 4 and iPod Touch update

    The news has not yet arrived. Exxon only $60B ahead?

    Rocketman
     
  8. rdowns macrumors Penryn

    rdowns

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    #8

    My quick math says AAPL needs to rise another $66 to catch Exxon.

    I'll withhold judgement until the 3G iPad ships so we can gauge sales by how many we see in the wild. :D
     
  9. BornAgainMac macrumors 603

    BornAgainMac

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    #9
    It doesn't seem so impossible now it could reach number #1 on both metrics. There still some legs with Apple. I wonder what Microsoft did wrong this quarter that spooked the shareholders? They have the new phones and their iPhone killer is coming out this year and IE 9, Office 2010, and probably some new Xbox games and corporate products. They have a good outlook in the Microsoft world.
     
  10. StudioGuy macrumors regular

    StudioGuy

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    #10
    Go AAPL

    As Gary Kaminsky on Fast Money / CNBC said (yesterday after a $259 close), "Apple! If you don't own Apple, it's like being short Apple. It's going to continue higher."

    http://www.cnbc.com/id/36690354

    Not the most positive guy out there in general, but he's a sure believer in AAPL right now, as am I. :apple:

    As far as reaching XOM, time will tell.
     
  11. Yebot macrumors 6502

    Yebot

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  12. DMann macrumors 601

    DMann

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    #12
    Quite substantially, at that. :)

    How the tables have turned. :cool:
     
  13. *LTD* macrumors G4

    *LTD*

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  14. erockerboy macrumors member

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    #15
    Wow, that really takes me back. Quadra 9500 anyone?!? How things have changed...

    Fascinating to re-read the original article and see which of their "101 Tips" were actually followed by Apple...

    http://www.wired.com/wired/archive/5.06/apple.html
     
  15. erockerboy macrumors member

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    #16
  16. DMann macrumors 601

    DMann

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    #17
    Apparently, they have. :)
     
  17. kiljoy616 macrumors 68000

    kiljoy616

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    #18
    Count it any way you want, if you think about it they are the biggest, if you take into account they have 1 stinking phone.

    If you do any statistics you can pretty much make anything happen or get the outcome you want, take for example the news on depressants not working, oh the burn the burn. :confused:

    Apple has to be admired because it has one phone, it's not even a phone maker in the traditional sense, and yet, they are burning the competition.

    So in some way they are number one in phone. Imagine if they ever brought out 2 model, saint preserve us the world would crack. :rolleyes:
     
  18. kiljoy616 macrumors 68000

    kiljoy616

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    #19
    Not yet but I am smoking my self into that state of mind. dude. :cool:
     
  19. kiljoy616 macrumors 68000

    kiljoy616

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    #20
    Apple seems to be the company that news loves to hate, so fascinating to have watched how not only did they survive but how much news kisses apple ass now, and none even cares about Microsoft except to write about some new flaw. to :cool: :apple: rules.
     
  20. kiljoy616 macrumors 68000

    kiljoy616

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    #21
    I notice this advice

    27. Relocate the company to Bangalore and make it cheap, cheap, cheap. (See Wired 4.02, page 110.)

    The future of America, can't wait till the job market gets to be BK and Wal-mart for most of the population, muhahaha.

    Oh wait we do have the Military still for job hunting.
     

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20 April 22, 2010