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 10:44:44 PM , Rating: 2
I think you meant the failed Zune, not the iPod
Zune never was popular. You can't even understand what I meant. So sad.
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.
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?
nobody runs windows server anymore unless they are getting major kickbacks
Proofless lies from a unix zealot. Eat this, zealot:
quickly shrinking MS OS numbers?
Don't be such a clown, 1% a year is not that "quickly".
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.
Apple made its fortune off of a variety of products, not just off the iPhone
Here's a proof of your stupidity and lies:

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:

"I mean, if you wanna break down someone's door, why don't you start with AT&T, for God sakes? They make your amazing phone unusable as a phone!" -- Jon Stewart on Apple and the iPhone

Latest Headlines
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM

Most Popular ArticlesAre you ready for this ? HyperDrive Aircraft
September 24, 2016, 9:29 AM
Leaked – Samsung S8 is a Dream and a Dream 2
September 25, 2016, 8:00 AM
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
Snapchat’s New Sunglasses are a Spectacle – No Pun Intended
September 24, 2016, 9:02 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki