backtop


Print 58 comment(s) - last by TakinYourPoint.. on Feb 16 at 12:18 AM


"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



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

RE: ignorance is bliss?
By Pirks on 2/13/2012 5:42:40 PM , Rating: 2
quote:
Just because something is popular does not make it better
You mean iPod? ;)
quote:
Are you trying to say that businesses could not use osX? What magical reasoning do you have to support this?
There's no magic, if you are not iFanboy this is very obvious. Apple targets home consumers and their hardware/software stack is not for business, it's for A/V consumption and games mostly. MS is very different, they market for businesses first and for home consumers second. This is why MS produces huge stack of large enterprise targeted software packages like SQL Server and SharePoint etc, where Apple does exactly ZERO in this regard.

If you don't realize these simple facts about principal difference between MS and Apple - you are just as blind iFanboy as macdevdude.
quote:
Apple is a software company
Lies. Apple is a hardware company. Software is secondary to them. They make all their money selling hardware, they just include software as a free value-add thing. This is as different from MS as it gets. MS sells software, not hardware, this is how they make their money.

In fact, within Apple, even hardware engineering itself is secondary. They are run primarily by designers. Hence Apple is in fact a hardware DESIGN company. This is their primary specialization. Then, secondary, is hardware engineering. And only then comes the software, which explains why they can't produce anything significant of their own and just suck off OSS all the time, with OSS unix kernels and sh1t.

I see that you are trying to be an iFanboy without even knowing much about your idol. This is fun! Keep posting please, I like that, hehehe :)
quote:
they are kicking Microsoft and Google's collective asses
Lies. They are kicking Nokia's and RIM's asses. Google and MS do not directly compete with them, so maybe time to read up on basic and stop posting stupidity like that, hmm?

You can say that MS sorta competes in smartphones and Google too, but you are too blind to realize that these are NOT their core markets. MS is about (mostly enterprise) software and Google is about paid search/ads business. Any serious competition from Apple in those core areas? Nope. Go figure.
quote:
It is hard to tout Microsoft's superiority when their market share is slipping every quarter to Apple
It is hard to tout Apple's superiority either looking at their laughable absolute marketshare numbers for desktop.
quote:
I'd like to know in all your wisdom how you fail to mention Windows Vista and how wonderful an OS that was
Vista was a product of unrivaled monopoly and absence of any competition, these times are gone now and MS is not sleeping under the rock anymore.
quote:
Going back to 2000 is an excellent point, they grew from little cash to $100 billion in only 12 years and yet you write them off as some shit company
I don't agree that they are sh1t company, I just wanna add that they made their 100 billions on a different market - smartphones. So just to reiterate - they DO pwn a few large smartphone makers like Nokia and RIM. Both Nokia and RIM were slaughtered by Apple and now are dumping their ancient smartphone OSes and developing new ones. However, if you're trying to imply that Apple pwned Google or MS somehow - every smart reader here will laugh at you since we all know how different core Apple markets and strategies are from Google's and MS's. So, please stop pushing your naive uneducated crap on us ;)


RE: ignorance is bliss?
By Reclaimer77 on 2/13/2012 6:27:22 PM , Rating: 2
Damn Pirks, I agree with everything you just said.

Pirks getting Reclaimers back...man...it's snowing somewhere right now that's unseasonably warm.


RE: ignorance is bliss?
By Nortel on 2/13/2012 10:20:50 PM , Rating: 1
Seems like Pirks and Reclaimer77 share half a brain, or rather the same person with two accounts.

I think you meant the failed Zune, not the iPod. I guess you don't care about user experience, superior sound quality through high quality DAC + headphone amp.

Apple does not create SQL server, or sharepoint but that is not the business they are in. Can you get third party software that runs on osX to do those things, yes of course but then I don't understand your point.

Apple is a software company, I think you are forgetting the most beautiful product with terrible software is not going to be attracting people. Ease of use, simplicity and an overall enjoyable user experience keeps people using their products.

MS is in enterprise software but guess what the world of enterprise runs on? Redhat, Solaris, Suse, etc.. Yes those are unix distributions, nobody runs windows server anymore unless they are getting major kickbacks. P.S. Google runs all their servers on Unix and apple WAS in the enterprise server market but cut the line.

11% Desktop market share and rising for Apple is laughable compared to the quickly shrinking MS OS numbers?

Wait, so your excuse for Vista was Microsoft had a monopoly on the OS market and didn't try hard enough in making a new OS? Are you serious? And MS is trying oh so hard now because they are trying to compete with.... Apple? That same company whom has "laughable absolute marketshare numbers for desktop".

Apple made its fortune off of a variety of products, not just off the iPhone but I wouldn't expect you to actually do any research on the matter. It seems you are caught in your own MS reality distortion field.


RE: ignorance is bliss?
By Pirks on 2/13/2012 10:44:44 PM , Rating: 2
quote:
I think you meant the failed Zune, not the iPod
Zune never was popular. You can't even understand what I meant. So sad.
quote:
I don't understand your point
My point was that Apple and MS target totally different markets, hence you can't say Apple pwned MS or vice versa.
quote:
Apple is a software company
You can sing a song or even write an opera about this or a movie plot or something, still whatever you say and however you promote the software side of Apple - this is not going to change the fact that PRIMARY revenue driver for Apple is DESIGNING hardware. Design is what keeps them different from their competitors, it is what makes their revenues and profits so high. Do you understand now?
quote:
nobody runs windows server anymore unless they are getting major kickbacks
Proofless lies from a unix zealot. Eat this, zealot: http://www.zdnet.com/blog/microsoft/idc-dollarwise...
quote:
quickly shrinking MS OS numbers?
Don't be such a clown, 1% a year is not that "quickly".
quote:
That same company whom has "laughable absolute marketshare numbers for desktop".
If MS doesn't compete with Apple now when Apple share is laughable it's going to be harder to compete later when if it becomes above laughable level. Better to squash competitor while he's still a negligible quanitity on your market. Quite a logical decision, eh?

Plus, MS is going to attack Apple on their primary markets - smartphone and tablet, which is good for everyone.
quote:
Apple made its fortune off of a variety of products, not just off the iPhone
Here's a proof of your stupidity and lies: http://www.zdnet.com/blog/bott/microsoft-apple-and...

See how much Apple makes from iPhone now, idiot? Now crawl back to your cave, uneducated one :P

P.S. for everyone else reading this thread: A PICTURE WORTH A THOUSAND WORDS: http://i.zdnet.com/blogs/eb-aapl-revenue-q42011.jp...


"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini














botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki