As of January 12, 2006 10:01 ET, Apple Computer’s market value (price per share multiplied by the number of shares outstanding) stands at $72,039,808,640. Dell’s market value currently stands at $73,150,994,043.
[UPDATE: As of 10:58am ET, Market values: Apple: $72,301,066,720, Dell: $72,912,111,560.]
Rest assured, we are watching the situation closely. We have an article prepped (including relevant comments made in the past by Michael Dell and Steve Jobs) if and when Apple passes Dell in market value. (Note: Hewlett-Packard, maker of PCs, printers, digital cameras, etc. currently has a market value around $87.7 bln.)
You can watch the Apple vs. Dell market value race here.
Related article of particular interest:
Hedge fund manager Cody Willard: ‘Apple could become more valuable than Microsoft sometime in 2007’ – December 15, 2005
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Bear Stearns ups Apple rating, sets year-end price target of $105 – January 12, 2006
Apple Computer shares hit new all-time high – January 11, 2006
American Technology Research boosts Apple target price to $101 – January 11, 2006
First Albany increases Apple Computer price target to $92 – January 11, 2006
Soleil analysts hike Apple price target to $95 – January 11, 2006
Banc of America raises Apple price target to $87 – January 11, 2006
CSFB ups Apple target price to $90 – January 11, 2006
UBS hikes Apple Computer share price target to $100 – January 11, 2006
Cramer’s Mad Money: Apple going to $100, two thumbs up, way up! – January 10, 2006
Apple is dooooomed!
Dell is so happy that intelApple’s don’t use bios…
Somebody make a Widget that can track this.
MDN Magic Word : Knew
i knew it is about to happen …
so that would be $86.7982 a share with 842.77m shares outstanding
Hopefully, this will put a final end to the media’s description of Apple as the “beleaguered” computer company. Now it’s Dell’s turn.
In a few years, Microsoft will be the “beleaguered” software maker when people realize that it is NOT the CPU, but it is all about the OS.
R: Apple is dooooomed? Really? How do you figure?
Apple should pay a dividend followed by a press release commemorating Michael Dell’s infamous statement from eight years ago about what he would do with Apple if he were in charge. A piece of the company to each shareholder. It would be beautiful iRony.
I think R is being humorous.
No, R was being iRonic
I think Michael Dell should sell the company and give the money back to the shareholders!
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R not: It’s actually code for Decentralized Object-Oriented Machine.
That’s a refreshing upgrade from Death to Overly Obvious Mediocrity.
TMAN – right on.
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Who’s next ? HP ?!