Apple now worth double Google’s market value

At market close today, shares of Apple Inc. (AAPL) closed at $380.48 (-2.93, -0.76%). Apple’s market value now stands at $352.74 billion.

Also at the close of trading today, Google Inc. (GOOG) shares closed at $539.00 (-18.23, -3.27%) putting Google’s market value at $174.04 billion or less than half that of Apple’s.

The top five U.S. publicly-traded companies, based on market value:
1. Exxon Mobil (XOM) – $357.37B
2. Apple (AAPL) – $352.74B
3. Microsoft (MSFT) – $212.39B
4. IBM (IBM) – $204.51B
4. Wal-Mart (WMT) – $180.30B

Selected companies’ current market values:
• Google (GOOG) – $174.04B
• GE (GE) – $171.20B
• Intel (INTC) – $109.17BB
• Amazon (AMZN) – $89.73B
• Cisco (CSCO) – $87.65B
• Hewlett-Packard (HPQ) – $67.64B
• Disney (DIS) – $62.03B
• Dell (DELL) – $29.82B
• Sony (SNE) – $22.04B
• Nokia (NOK) – $22.59B
• Yahoo! (YHOO) – $17.02B
• Research In Motion (RIMM) – $14.03B
• Adobe (ADBE) – $12.16B
• Motorola Mobility (MMI) – $11.29B
• Sirius XM (SIRI) – $7.16B
• Advanced Micro Devices (AMD) – $4.38B
• RealNetworks (RNWK) – $0.427B

AAPL quote via NASDAQ here.

[Thanks to MacDailyNews Reader “David O.” for the heads up.]

Related article:
Apple now worth more than Wintel (Microsoft and Intel combined) – June 3, 2011

20 Comments

    1. Too bad Yahoo didn’t succed in taking precious MS money from R&D and flushing it down the worthless toilet to help expedite their demise. MS seems to get most of their ideas from the commode anyway. Or the POS/DOA marketing school.

  1. I wonder Why GE who makes turbofans for most of the international aircrafts (Boeing, Airbus, Lookhead Martin, son some other), it has GE capital, it makes most of the Nuclear Reactors for power plants has less value than google.
    Looks like cheating people to buy things they don’t want pays off.

    1. GE capital is probably one of the bigger money makers for GE. The annual demand for big aircraft engines is not all that large – a couple of thousand or so max, at a guess. And there are not many nuclear reactors under construction. The modern GE corporation is very different from the manufacturing-centric GE for which my father worked in the 1960’s and 1970’s.

  2. How can Dell be valued at 29.8 billion? I imagine that figure based on unsold merchandise which they sure must have a lot of because every bargain basement has a wall of them. There’s even an eBay outlet where they try to dump even more unsold craputers for just enough cash to cover shipping and handling.

    Every computer they sell is a loss leader. The latest brilliant strategy invented by the worlds leading cyclops, the one and only Mickus Dickus Dell.

  3. Until Google can resolve what to do with MM’s heavy baggages on board the Google’s ship, I think Apple’s value will be worth 3–4 times more than Google’s within a year or more.

    1. That’s a positively huge freakin’ gap. Apple hasn’t seen $400 for almost three whole weeks. It takes Apple about six months to move $100 and usually doesn’t stay there any length of time. Apple has been on fire and practically destroying the rest of the computer and smartphone industry, climbing all over ExxonMobil’s ass in market cap and yet Apple’s share price is still lagging. So I’d have to say that gap between Google and Apple is as wide as the Grand Canyon and unless Google drops precipitously closing that gap is about a year or two off as slow as Apple is moving.

  4. Something like that always happens when investors think that you’re thowing away good money after bad and Motorola is just about as bad as you can get. Google is going to wish that they never started messing around with the mobile sector. Running a search engine seemed a whole lot easier than having to deal with so many companies fighting for the same space. Android looks to be dragging Google down into the muck.

  5. …not some stinking IBM… wait, it is Walmart… or whatever.
    MDN, fix your freaking template for company ranking that you’ve been copy-pasting for several months already with the same stoopid mistake.

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