Apple now the SECOND LARGEST company in the world!

[50548]

AAPL has just surpassed PetroChina to become the second largest company in the world by market cap, just after Exxon...

Any comments, Mr. Dell?

 

[maflynn]

Market cap while a popular metric is not an accurate measure of a corporation's size, and profitability.

 

[talkingfuture]

That is quite impressive.

 

[Eraserhead]

And it looks like PetroChina has retaken the #2 spot.

http://www.bloomberg.com/news/2010-...a-to-become-world-s-second-largest-stock.html

 

[runplaysleeprun]

AAPL has just surpassed PetroChina to become the second largest company in the world by market cap, just after Exxon...

Any comments, Mr. Dell?

God, I remember when old Mikey started that ranting back in the day.

 

[TSE]

Microsoft isn't going to die anytime soon, Windows 7 is brilliant and their phones look like they have promise.

 

[applefan1997]

AAPL has just surpassed PetroChina to become the second largest company in the world by market cap, just after Exxon...

Any comments, Mr. Dell?

I just realized that Michael Dell looks like Shrek. When he became a human.

 

[Bernard SG]

I just realized that Michael Dell looks like Shrek. When he became a human.

Whhaaaatttt? Michael Dell became a human???

 

[kdarling]

When I read "second largest", I think of a company with hundreds of thousands of employees, with branches and factories all over the world.

Apple itself is not that large, but it's the second most valuable by current stock price.

 

[Skika]

Microsoft isn't going to die anytime soon, Windows 7 is brilliant and their phones look like they have promise.

 

[63dot]

We should buy IBM, HP, Dell, Intel, or Microsoft, you know, since we are the second biggest company in the world.

 

[Eraserhead]

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So you think MS will lose their Office, Windows and Server markets?

 

[Bernard SG]

So you think MS will lose their Office, Windows and Server markets?

Those markets will shrink over time. Apple is already eating some OS market share, Google may start to do so as well soon enough with Chrome, cloud-based computing is going to hit Windows hard in terms of relevance as well as it is going to change the very concept of "Servers". Meanwhile, there is no sense that Microsoft is readying itself in face of those new paradigms. Microsoft is notoriously a crippled company when it comes to innovation due to bureaucracy and internal corporate politics. Add the thickness of Ballmer on top of that, and well...