Apple surges past Wal-Mart to become 3rd most valuable U.S. company

Apple Online StoreWal-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.

34 Comments

  1. 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.

  2. 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;” />

  3. 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!

  4. @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!

  5. 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.

  6. 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.

  7. 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.

  8. 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!

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.