Wal-Mart has dropped to fourth most valuable U.S. company as they were passed by new #3 Apple Inc. in morning NASDAQ trading.
Wal-Mart (WMT) currently has a market value of US$205.31 billion.
Apple (AAPL), currently up $1.21, or 0.54%, per share to $226.71, now has a market value of $205.58 billion.
#1 on the list is Exxon Mobil (XOM) at $315.10B, followed by Microsoft (MSFT) at $256.36B. #5 is Berkshire Hathaway (BRKA) at $202.87B.
And I should think Microsoft is quaking in fear (and from the vibrations of chair throwing). They haven’t got long and I’m sure even Barmy Ballmer realises that.
Hey Monkeyboy, We got u in our Site.
I jizzed when I saw these news! Gooo Apple!
Yes!!!!! Apple #1,very soon
Ballmer should just SIDAGTMBTTS.
Hey Monkeyboy, We got u in our Sight.
And guess what, “Ur going Down”
Hey and when the oil runs out number one is just there for the taking.
Yet another tipping point.. .:.
re #1…
Lets take it easy here, kids…XOM’s net profit > AAPL’s gross revenue…
I love ’em too, but jeez ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />
spyinthesky,
If you’re conservative, don’t hold your breath waiting for that to happen. If not, please do.
In the 70’s I was told at school that at the rate we were using oil, it would all be gone within 15 years (mid-90’s).
I was told by Ted Danson in the early 80’s that at the rate we were cutting trees, by 2000 the US would have no more forests left.
I’m glad I’m not an old fart who no longer has a brain of mush drinking the coolaid, but somewhere along the line put on my critical thinking cap and figured things out.
Oh, Go Apple!
Oh, I guess this is the “rounding error” Ballmer talked about a couple of years ago.
Dear “No More Coolaid for Me”
Never mind what you were told, get your facts straight.
It’s Kool-Aid
:k)
This looks good but seems to be too close to call. In a few days we will have a better read on who’s #3.
As an Apple shareholder, I’m feeling pretty good today.
Peace.
Huh? Exxon’s net profit was not greater than Apple’s revenue.
Exxon net profit 2009 = $19.3B
Apple’s revenue 2009 = $46.7B
When Apple’s Market Cap passes Microsoft’s the first round of drinks are on me at the Oyster Bar in Tempe, AZ at 4:45pm
@Demon,
As an Arizona alumnus, I’d love to fly out and be there to take you up on your offer. Of course, getting the right day will be a little tricky… But we can certainly celebrate Apple’s rise and agree to disagree about our respective local universities.
Bear Down, Wildcatz!
GO APPLE!!!
Prediction: Apple market cap will exceed M$ within 2 months.
As late as 2003 the word was circulating everywhere but at One Infinity Loop that Apple was going out of business, and microsoft, walmart, cisco, and dell ruled the brokerage buy lists. Fortunately, some of us were buying AAPL stock as well as their products.
All ur market caps are belong to us.
I predict that, unfortunately, it will take Apple longer to bury MS than it did Dell. Corporate computing markets are slow to change.
Let’s hope that Wally World’s market cap crashes and burns. Walmart is a significant, if not primary, reason that consumer goods sold in America are now almost exclusively disposable and Chinese-manufactured. Modern Rome is burning thanks to traitors like this.
It’s the same in Modern Greece (England!).
We’re all buying lovely cheap Chinese goods, while our own factories are closed.
Trouble is… that’s freedom for you. People want cheap – Wallmart gives them what they want. If they didn’t sell cheap, some other store WOULD.
I like our strategy…. I like it a lot.
What?!
A company that produces high-quality items at appropriate prices has higher value than a company that tries to sell to the lowest common denominator?
Maybe there’s hope for North American society?
Maybe people in North America are smarter than those of us who post on MDN stories!