Apple is the most valuable computer hardware maker in the world!
With remarkably strong 4th quarter results, Apple passed an important milestone. Apple has a larger market capitalization than IBM, meaning simply that Apple is now the most valuable computer hardware maker in the world. Let me say that again: Apple is, as of this writing, trading at USD185.88 per share giving it a market cap of USD162.15 billion, compared to IBM at USD153.66 billion, HP at USD133.03 billion and Dell at a measly USD64.72 billion. When you put it that way it seems almost preposterous, but the numbers are what they are. Of course, all the standard provisos about market cap apply, but nonetheless I'm sure they're savoring this in Cupertino.
1 comment:
It will be interesting if you wanna specially compare Apple and Dell, and check out my earlier post.
There is a strong reason for this. In 1997 Michael Dell was asked "what would you do if you were the CEO of Apple?" in front of thousands of technology executives. Dell replied "What would I do? I’d shut it down and give the money back to the shareholders."
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