This morning, Apple Inc.’s (AAPL) market value passed that of Hewlett-Packard (HPQ).
Currently, HP shares are down $0.05, at $47.49. With 2,618,889,000 shares outstanding, HP has a market value of $124,371,038,610.
Apple shares are up $9.02, at $146.28. With 864,948,000 shares outstanding, Apple has a market value of $126,524,593,440.
Other market values of companies of interest include:
• Microsoft (MSFT) – $289,730,780,280
• IBM (IBM) – $175,565,944,480
• Intel (INTC) – $140,950,600,000
• Nokia (NOK) – $107,821,075,960
• Dell (DELL) – $66,172,115,820
• Sony (SNE) – $51,738,994,890
• Research in Motion (RIMM) – $42,186,287,000
• Motorola (MOT) – $40,598,417,260
• Gateway (GTW) – $568,332,270
Quotes via NASDAQ are here.
THE most valuable personal computer maker in the world – bar none.
Should be worth some good publicity for them.
Gawd, but the stat above that thrills me the most is that DULL is now worth HALF (approx) of Apple, Inc.
How the worm has turned!
WE are Cupertino!
Intel next, then IBM then the longer [but ever shortening] road up the hill to MSFT!
At this rate it shouldn’t be long for the first two…
— Hano
It was only eighteen months ago when Jobs sent his internal memo:
“Team, it turned out that Michael Dell wasn’t perfect at predicting the future. Based on today’s stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.”
Today, DELL is below what it used to be then (71.9B on that day; 66.5B now), and Apple has almost doubled.
Steve’s email from then may just as well be true today. HP might continue to grow, and AAPL may take a bit of a dip. Still, this is a historic milestone, since no other desktop computer hardware company (IBM exited the business, selling PC line to Lenovo) has bigger market capitalisation.
“Macaday” is right; this should get them plenty of publicity.
AAPL is at $147.97.
YOWZA’S!!!
It’s also time for MSFT’s cap to start descending as institutions start bailing. That will be Vistarific. The Wow really has started.
Today’s quiz: Who made the following statements?
1) “Apple should just close shop and give shareholders back their money.”
2) “I’m putting a sell on Apple.”
3) “Demand for the iPhone has been declining.”
4) “D’oh!”
This is huge newz…as most people don’t have a clue and can’t even imagine Apple being worth what HP is…AAPL should go up just on this news alone.
Will the lazy journalists write headlines that Apple surpases HP in market value?…not a chance!
1) – Michael Dell
2) – the nutjob from israel
3) – Uncle Fester? not sure on this one.
4) – Enderly, thurrott, and the rest of the MSFT slytherins.
Alright Abdullah,
You have me intritgued.
Who really said “Apple should just close shop and give shareholders back their money” and when did they say it, or what event led to this statement?
@Big Mac Attack.
Link to the Michael Dell statement
http://news.com.com/Dell+Apple+should+close+shop/2100-1001_3-203937.html
Abdullah,
1. Michael Dell
2. Laura Goldman
3. Rex Crum (?)
4. Homer J. Simpson
Attn: Big Mac Attack
You must be new here…. it’s a recurring theme….
Here is an article from 10 years ago…
http://news.com.com/Dell+Apple+should+close+shop/2100-1001_3-203937.html
HP now in the rear view mirror…on the horizon…Intel…in a few years…one trillion in market value…next…early retirement.