Matt Phillips reports for The Wall Street Journal that Howard Silverblatt, “the Standard & Poor’s analyst who serves as a sort of high priest of all things S&P 500,” sent out a note moments ago:
It came right down to the trade, but AAPL has an index market value of $241,534 million and MSFT has a market value of $239,515 million – AAPL is #2. What a Job
Phillips reports, “Just for the record, this doesn’t mean that Apple has a flat out bigger market capitalization than its old nemesis. The S&P 500 is a ‘float adjusted market capitalization weighted’ index, meaning that the size of the market cap is adjusted to reflect the shares out in the public float. (That is, those that are available for the public to trade and not locked up in employee options, for example.) ‘On a full market value basis, MSFT is still larger than AAPL,’ Silverblatt writes.”
Full article here.
MacDailyNews Note: We’re going to keep the champagne on ice until AAPL passes MSFT on a full market value basis. That said, congrats, Apple, on a job well done!
As per NYSE, the top five U.S. publicly-traded companies, based on full market values, are:
1. Exxon Mobil (XOM) – $323.69B
2. Microsoft (MSFT) – $275.30B
3. Apple (AAPL) – $242.39B
4. Wal-Mart (WMT) – $204.83B
5. General Electric (GE) – $202.22B
w00t!!
(keeping champagne on ice, yes, but I can still “w00t”)
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Well, Microsoft reported a somewhat underwhelming quarter today, and in after-hours trading, it tanked by more than 4% (meanwhile, we closed in the record territory again).
The day is not long away when AAPL exceeds MS market cap.
Congrats, Apple.
Long since 99.
😮 )
Agreed, MDN.
Wait with the champagne.
But we could have a beer already!
Cheers!
Long time coming… Steve, revenge is a dish best served cold.
Im with aaplause. I’m cracking a cold one for this.
(I was going to anyway but why not have something to drink to)
Balmer, must be taking an ape shit!!!!!!
Party Time when AAPL passes by msft !!
There is no stopping the Record Profit Train Just keep building and selling great products, aye.
Amazing… great American success story. I sure wish I hadnt sold at $200!
Congrats Apple. You deserve it. Microsoft, meh. All this and iPad 3G has not been released yet. Not to mention iPhone 4Gen and OS 4.
Thanks MDN for clarifying that for me (and others I’d assume). And yeah, keep the champagne on ice for a little while… But shake that $hit up when it’s time to open it!
With MSFT not impressing the Street with their earnings, MSFT is dropping 3.5% to 4% in aftermarket. If that holds they could be down around $10B in market cap tomorrow!
@aaplause
A beer does sound like a good idea…being from the mid-west is it Leinenkugel or Lake-Maid? decisions..decisions
” O frabjous day! Callooh! Callay! “
Unless something totally unexpected happens it seems like only a matter of time now when that cross roads is reached and I can’t wait for the reaction of the news outlets when that happens… and of course Ballmer if he is still there.
Sorry. I don’t get it. What’s the difference between a market value and a market cap?
Alright, I’m keeping it on ice.
But I have to admit, I’ve already peeled the foil off the cork …
Guido,
Of course he will. We’ve already established Ballmer’s species.
Isn’t it interesting that when the Feds are watching the hedge fund pirates, AAPL keeps going up? Think where it would be without all those crooks shouting “Steve Jobs is Dead” and shorting the stock.
what a JOBS!
I dunno about champagne, ‘cuz you’re gonna need cleaning fluids when Ballmer’s head explodes.
Did Steve Jobs just see a dancing monkey as Apple AAPL past Microsoft? Did anyone a video of Steve Ballmer when he was told today? The guy that told Ballmer was just as scared as the young guy that lost the iPhone in the bar.
Ok, some of the winers want 13.6% more to pass Microsoft’s full market values. That is less than a week away. Good. Can someone keep a video camera ready to capture Steve Ballmer’s reaction. It will be great. Who is going to tell him? Maybe Bill Gates should give him the news that day.
Apple”s recent trajectory and increase in stock value, has been breathtaking!
Go Apple!
But I see AAPL at 241 bil, MS at 275 bil. What kind of math is that?