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"Hubba, hubba, hubba! Money, money, money! Who do you trust?"  (Source: Warner Bros. Pictures)
Apple is now worth more than Microsoft and Google combined

While Apple has been in the news lately for allegations of unfair labor practices at its contracted manufacturing facilities in China, that hasn't stopped the company from increasing value for its shareholders and sending it surging ahead in market capitalization.
 
Today, AAPL crossed the $500/share mark for the first time in its history this morning. The stock has surged over 17 percent in the weeks following its blowout fiscal Q1 2012 earnings report. The company reported revenue of $46.33B USD and net profit of a whopping $13.06B. In addition, the company sold a record 37 million iPhones during the quarter.


Apple is currently ranked as the largest company in the world by market cap. In addition, Apple's market cap is currently more than both Google and Microsoft combined.
 
Following Steve Jobs' resignation as CEO in August 2011, AAPL hit a [then] all-time high of $411 pushing it ahead of Exxon Mobile as the world's largest company by market cap.

Source: Bloomberg



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RE: Highly Overvalued
By PrezWeezy on 2/13/2012 1:17:26 PM , Rating: 2
You are putting the cart before the horse. Windows does not have the user base it does because those don't exist. Those drivers don't exist because Linux does not have the user base. If Linux were to be a quality enough product that anyone could use it (I give an example of trying to install Java on Firefox that took me over an hour to figure out why it wasn't working. It was because I had typo'ed the command by one letter. If Linux wants a chance they will have to make point/click far better.) then they would have a larger user base and drivers would be written and people would choose.


"I'm an Internet expert too. It's all right to wire the industrial zone only, but there are many problems if other regions of the North are wired." -- North Korean Supreme Commander Kim Jong-il














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