Apple surpasses M$ in market capitalization

  • Thread starter Thread starter Greg Russell
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Greg Russell

SEATTLE - Apple has surpassed Microsoft as the largest technology company in
the world by market capitalization.

Apple's move comes as the company's iPhone, and now its iPad tablet
computer, have taken on more of the personal computing tasks once handled by
computers running Microsoft's Windows operating system and other programs.

Market cap is the dollar value of a company's outstanding shares. On
Wednesday, Apple Inc.'s shares slipped $1.11 to close at $244.11, making its
market cap about $222 billion.

But Microsoft Corp.'s stock fell $1.06, or 4.1 percent, to close at $25.01,
for market cap of about $219 billion.

The only U.S. business with a higher market value is Exxon Mobil Corp. The
oil company's market cap is about $279 billion, based on Wednesday's closing
price of $59.31.
 
Greg said:
SEATTLE - Apple has surpassed Microsoft as the largest technology company in
the world by market capitalization.

Apple's move comes as the company's iPhone, and now its iPad tablet
computer, have taken on more of the personal computing tasks once handled by
computers running Microsoft's Windows operating system and other programs.

Market cap is the dollar value of a company's outstanding shares. On
Wednesday, Apple Inc.'s shares slipped $1.11 to close at $244.11, making its
market cap about $222 billion.

But Microsoft Corp.'s stock fell $1.06, or 4.1 percent, to close at $25.01,
for market cap of about $219 billion.

The only U.S. business with a higher market value is Exxon Mobil Corp. The
oil company's market cap is about $279 billion, based on Wednesday's closing
price of $59.31.
Click to expand...

So you're here to prove you are a plagarist?
 
Greg said:
SEATTLE - Apple has surpassed Microsoft as the largest technology company in
the world by market capitalization.
Click to expand...

I think articles like this are more interesting.

http://www.macobserver.com/tmo/article/apples_cash_on_hand_vs._microsoft/

Tech companies are "one-hit wonders". They're dependent on making
winning products, one after another, to provide continuous success.

The "insurance" for such companies, is "cash on hand". If you hit
a "dry patch", and aren't producing any big, winning products,
it is the "cash on hand" that helps keep you in business. And
that Macobserver article, shows Apple could go through a
significant dry spell if necessary. I vaguely remember a time
years ago, when Apple didn't have much money left, but I'm having
trouble finding an article that addresses that period of time.

Paul
 
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