FALSE REPORT- Apple Passes Microsoft in Market Capitalization

Discussion in 'Apple, Inc and Tech Industry' started by rdowns, Apr 22, 2010.

  1. rdowns macrumors Penryn

    rdowns

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    #1
    FORGET THIS THREAD. JUST READ THE PAGE 2 ARTICLE.



    BOOM, this happened fast. Stay tuned as it will happen again. Apple is ripe for a nice drop before it starts running up again.

    Link


    UPDATE FROM THEM

     
  2. stridemat Moderator

    stridemat

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    #2
    Knew it was coming, makes me wish I brought some shares back when they were low. Im sticking my neck on the line by saying that its going to drop soon, it seems to be trading rather high.
     
  3. rdowns thread starter macrumors Penryn

    rdowns

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    #3

    I've followed the stock for years and own quite a bit. Trust me, they'll be back in the 230-240 range within the week. It's just the ebb and flow of this stock.
     
  4. stridemat Moderator

    stridemat

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    #4
    I agree. I am hoping that within the next year or so Apple stock will be at these levels for the majority of the time.
     
  5. *LTD* macrumors G4

    *LTD*

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    #5
    Close, but not quite.

    The top five U.S. publicly-traded companies:
    1. Exxon Mobil (XOM) - $323.69B
    2. Microsoft (MSFT) - $275.30B
    3. Apple (AAPL) - $242.39B
    4. Wal-Mart (WMT) - $204.83B
    5. General Electric (GE) - $202.22B

    Selected companies' current market values:
    • Google (GOOG) - $173.95B
    • IBM (IBM) - $167.74B
    • Cisco (CSCO) - $156.42B
    • Intel (INTC) - $132.64B
    • Hewlett-Packard (HPQ) - $125.02B
    • Disney (DIS) - $71.34B
    • Amazon (AMZN) - $66.72B
    • Nokia (NOK) - $48.17B
    • Research In Motion (RIMM) - $39.80B
    • Sony (SNE) - $35.25B
    • Dell (DELL) - $34.18B
    • Yahoo! (YHOO) - $24.81B
    • Adobe (ADBE) - $18.94B
    • Motorola (MOT) - $16.38B
    • Advanced Micro Devices (AMD) - $6.97B
    • Beleaguered Palm (PALM) - $820.15M
    • RealNetworks (RNWK) - $602.72M

    It'll happen, though. Rest assured.

    http://quotes.nasdaq.com/quote.dll?...FormType=&mkttype=&pathname=&kind=&page=multi

    The correction that was issued:

    http://digitaldaily.allthingsd.com/...microsoft-on-sp-500/?reflink=ATD_yahoo_ticker
     
  6. stridemat Moderator

    stridemat

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    #6
    ^^^ You are correct, the website rdowns posted has since been updated.
     
  7. Cinematographer macrumors 6502a

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    #7
    Actually MSFT's market capitalization is $ 275.30B (vs. $ 241.63B for AAPL).

    Does anyone know why the index weighting in the S&P 500 does cut off part of MSFT's capitalization?
     
  8. *LTD* macrumors G4

    *LTD*

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    #8
    Not rdowns' fault, anyway. We all rely on other reporting. But the results are very encouraging, nonetheless.
     
  9. stridemat Moderator

    stridemat

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    #9
    Apple's shares have been performing well. It will be a good day when it does passes Microsoft.
     
  10. Cinematographer macrumors 6502a

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    #10
    As you can see here S&P weighting does not follow market capitalization precisely (for whatever reason). The list is just a few days old. In the meantime, AAPL is bigger in the S&P than MSFT. I'd say this information is still correct.
     
  11. Cinematographer macrumors 6502a

    Cinematographer

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    #11
    By the way, Microsoft falls 4.5% in after hour trading.
     
  12. *LTD* macrumors G4

    *LTD*

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    #12
    Hmmm . . . odd. Then the thread title might just have to be changed back. ;)
     
  13. rdowns thread starter macrumors Penryn

    rdowns

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    #13

    LOL. I really couldn't care less. My MSFT stock was sold long ago (made a tidy little profit) but my AAPL is a long term hold. My cost basis is $11.24 so I couldn't care less who has the bigger market cap. :D
     
  14. Cinematographer macrumors 6502a

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    #15
    That solves the riddle (if one can say that in English :))
     
  15. rdowns thread starter macrumors Penryn

    rdowns

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    #16
    Link
     
  16. djellison macrumors 68020

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    #17
    Hmm - somehow I don't expect LTD to be starting a new thread with this story

    http://news.bbc.co.uk/1/hi/business/8638732.stm

     
  17. *LTD* macrumors G4

    *LTD*

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    #18
    Microsoft making most of its money on its old and tired cash cow . . . Windows. Tens of millions of users (if not more) finally able to upgrade from horrible MS operating systems foisted on hapless users for 8 years. Shocking.

    What is the point of starting a thread about no-innovation Microsoft peddling more copies of Windows, to ship with virtually every PC under the sun? Big news!!
     
  18. djellison macrumors 68020

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    #19
    Of ANY of the threads you've started.

    Of course, the response is always "Apple, INDUSTRY, and Internet Discussions"
     
  19. Cinematographer macrumors 6502a

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    #20
    The link directs to the current list now, 22. April in the evening. As you can see, Apple has surpassed Microsoft based on the weighting in the S&P500.
     
  20. mysterytramp macrumors 65816

    mysterytramp

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  21. *LTD* macrumors G4

    *LTD*

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    #22
    Now that's balls. But yes, I'm totally seeing Apple running away with this market. Everyone with an iPad. It's a likely scenario.
     

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