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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: ignorance is bliss?
By TakinYourPoints on 2/13/2012 8:26:39 PM , Rating: 2
And says the loony tea partier with rudimentary technical knowledge (sad in a place called "DailyTech") who calls anybody with a slightly different opinion an idiot.

What I think is funny is that for somebody with an opinion that is so in line with the hivemind here, that your average post comment rating is still about what mine is. Really strange given that I play devil's advocate here so often.


RE: ignorance is bliss?
By Reclaimer77 on 2/13/2012 8:40:08 PM , Rating: 2
My rating isn't even close to yours. When you have 8k posts it takes a LOT of votes either way to bring that average up. And obviously if I cared about ratings, I wouldn't bother being controversial.

Besides lets face it, I generate tons of page hits and discussions on a blog that would otherwise be frankly kind of boring. Any day now Brandon will send me that big check! Uhh right Brandon? We talked about this!

Go back to your little world where anything you say matters.

Idiot.


RE: ignorance is bliss?
By TakinYourPoints on 2/13/2012 9:55:52 PM , Rating: 2
Well, yeah, I actually bring technical knowledge to the discussion. It is amazing how little you know and yet you are completely unaware of it.

It's still cute how you throw "idiot" around all the time though, even to people who've never posted before. :3


"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke














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