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rdowns

macrumors Penryn
Original poster
Jul 11, 2003
27,397
12,521
FORGET THIS THREAD. JUST READ THE PAGE 2 ARTICLE.



BOOM, this happened fast. Stay tuned as it will happen again. Apple is ripe for a nice drop before it starts running up again.

Link


Well look at that. With a market cap of $242 billion, Apple (AAPL) is now the second largest company on the S&P 500.

That puts it above Microsoft (MSFT) — who’s market cap is currently $239 billion and below Exxon which still holds the number one spot with a market cap of $324 billion.

UPDATE FROM THEM

UPDATE: I’m not entirely sure what happened here, but Microsoft’s market cap is now showing up as $275.30 billion, not $239 billion. Which means Apple is still in the number 3 spot.
 
Knew it was coming, makes me wish I brought some shares back when they were low. Im sticking my neck on the line by saying that its going to drop soon, it seems to be trading rather high.
 
Knew it was coming, makes me wish I brought some shares back when they were low. Im sticking my neck on the line by saying that its going to drop soon, it seems to be trading rather high.


I've followed the stock for years and own quite a bit. Trust me, they'll be back in the 230-240 range within the week. It's just the ebb and flow of this stock.
 
I've followed the stock for years and own quite a bit. Trust me, they'll be back in the 230-240 range within the week. It's just the ebb and flow of this stock.

I agree. I am hoping that within the next year or so Apple stock will be at these levels for the majority of the time.
 
Close, but not quite.

The top five U.S. publicly-traded companies:
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

Selected companies' current market values:
• Google (GOOG) - $173.95B
• IBM (IBM) - $167.74B
• Cisco (CSCO) - $156.42B
• Intel (INTC) - $132.64B
• Hewlett-Packard (HPQ) - $125.02B
• Disney (DIS) - $71.34B
• Amazon (AMZN) - $66.72B
• Nokia (NOK) - $48.17B
• Research In Motion (RIMM) - $39.80B
• Sony (SNE) - $35.25B
• Dell (DELL) - $34.18B
• Yahoo! (YHOO) - $24.81B
• Adobe (ADBE) - $18.94B
• Motorola (MOT) - $16.38B
• Advanced Micro Devices (AMD) - $6.97B
• Beleaguered Palm (PALM) - $820.15M
• RealNetworks (RNWK) - $602.72M

It'll happen, though. Rest assured.

http://quotes.nasdaq.com/quote.dll?...FormType=&mkttype=&pathname=&kind=&page=multi

The correction that was issued:

http://digitaldaily.allthingsd.com/...microsoft-on-sp-500/?reflink=ATD_yahoo_ticker
 
Actually MSFT's market capitalization is $ 275.30B (vs. $ 241.63B for AAPL).

Does anyone know why the index weighting in the S&P 500 does cut off part of MSFT's capitalization?
 
Apple's shares have been performing well. It will be a good day when it does passes Microsoft.
 
As you can see here S&P weighting does not follow market capitalization precisely (for whatever reason). The list is just a few days old. In the meantime, AAPL is bigger in the S&P than MSFT. I'd say this information is still correct.
 
As you can see here S&P weighting does not follow market capitalization precisely (for whatever reason). The list is just a few days old. In the meantime, AAPL is bigger in the S&P than MSFT. I'd say this information is still correct.

Hmmm . . . odd. Then the thread title might just have to be changed back. ;)
 
Hmmm . . . odd. Then the thread title might just have to be changed back. ;)


LOL. I really couldn't care less. My MSFT stock was sold long ago (made a tidy little profit) but my AAPL is a long term hold. My cost basis is $11.24 so I couldn't care less who has the bigger market cap. :D
 
The float-adjusted market capitalization metric used for the S&P 500 should not be confused with the overall market capitalization more commonly cited by observers. The S&P 500 uses a weighting factor to account for only those shares that are publicly available for trading, and it is by this measure that Apple has now surpassed Microsoft.

That solves the riddle (if one can say that in English :))
 
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. Oh, and for the record Exxon Mobil remains the top dog in the S&P.

Link
 
Hmm - somehow I don't expect LTD to be starting a new thread with this story

http://news.bbc.co.uk/1/hi/business/8638732.stm

Microsoft profit up 35% thanks to Windows 7 profits


Microsoft launched Windows 7 in October last year
Microsoft saw its profits leap by 35% in the first three months of 2010 - as its Windows 7 operating system continued to prove popular.
The software giant made a net profit of $4bn (£2.6bn) and said it had also seen "strong growth" from its Bing search engine business and XBox Live.
Sales hit a record $14.5bn, up 6% on the same period a year earlier
 
Hmm - somehow I don't expect LTD to be starting a new thread with this story

http://news.bbc.co.uk/1/hi/business/8638732.stm

Microsoft making most of its money on its old and tired cash cow . . . Windows. Tens of millions of users (if not more) finally able to upgrade from horrible MS operating systems foisted on hapless users for 8 years. Shocking.

What is the point of starting a thread about no-innovation Microsoft peddling more copies of Windows, to ship with virtually every PC under the sun? Big news!!
 
As you can see here S&P weighting does not follow market capitalization precisely (for whatever reason). The list is just a few days old. In the meantime, AAPL is bigger in the S&P than MSFT. I'd say this information is still correct.

The link directs to the current list now, 22. April in the evening. As you can see, Apple has surpassed Microsoft based on the weighting in the S&P500.
 
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