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.
And that’s only ~5% of computer market share in US and 3% worldwide (conservative).
Imagine this at 10% US and 6% worldwide.
That’s the real WOW!
Apple now has greater market value than Dell & Sony combined.
Abdullah,
1. Michael Dell
2. Laura Goldman
3. Ittai Kidron. He is a neighbor of one of my co-worker. He really is a moron
Time to acquire Adobe
APPL 126B DELL 63B
We just doubled Dell in Market cap
Michael Dell said that in 1997, the year Jobs came back to Apple. At the time Apple was losing money and was quite frankly moribund as a company. Years of mismanagementm from who else Harvard MBAs, almost strangled the lifeblood from the company. In addition, Microsoft was at the pinnacle of its power selling Windows to every damn company that would put together a computer. Its rip-off of the Mac was gobbled up by idiots everywhere who had the nerve to snicker at Mac users for using a toy machine not realizing their biggest advancement in computing was a rip off of the Mac. The board at the time, finally got rid of Gil “I’m the one who really turned Apple around” Amelio and Jobs was brought in. One business rag, forgot which one although it does’nt matter because they are all the same asked a bunch of people how they would save Apple. One of the people they asked was Michael Dell, who became the #1 seller of drecht, who famously replied “I would shut it down and give the money back to the shareholders.”
Steve Jobs was livid and announced at the next Macworld that he was going to go after Michael Dell. About a decade later Apple surpassed Dell in market value.
… Don’t ya think that beleaguered Dread should sell and pay back there shareholders now. Just a thought. …
Stocks are stocks and only vaguely represent the company that issues them. HPQ stock has doubled its value over the past two years. And “Cramer said that he still considers H-P “criminally cheap” and that even though Dell may seem expensive, its growth rate should accelerate” – Apple stock price needs to continue to rise unrealistically or HPQ will catch up and re-take the lead.
Does this matter? Not a bit! Dell is in Apple’s dust – and deserves to be – but HPQ is a strong company that isn’t going anywhere soon – except ‘up’.
DLMeyer – the Voice of G.L.Horton’s Stage Page Pod Cast – currently discussing Mumbet
I have no problem with HP
“About a decade later Apple surpassed Dell in market value.”
um…
Apple Marketshare today: $126,524,593,440
DELL Marketshare today: $66,172,115,820
Surpassed??? Wow that’s an understatement.
I had a Dell a few years back… It was a $1500 piece of crap.
(aside from the fact that it shipped with Winblows ME) *shudder*