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Apple stock flirting with $500, now valued more than Google and Microsoft combined

Apple stock flirting with $500, now valued more than Google and Microsoft combined

Posted: 10 Feb 2012, 02:11, by Victor H.

Categories: Apple Apple Financial Financial Bookmark

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Apple stock flirting with $500, now valued more than Google and Microsoft combined

If you ever doubted Apple’s near-term future under Tim Cook, you’d better put these concerns to rest - Apple stock has been growing even quicker under the new CEO and it’s close to hitting $500. Currently, it’s trading for nearly $495, and we expect it to reach $500 tomorrow, but what’s interesting is that since the new chief executive is in place, the company has grown by $100 billion in market value.

Apple is the world’s largest company by market estimations, surpassing Exxon Mobil by nearly $60 billion, as the oil giant’s market value is around $401 billion.

Amazingly, Apple is now bigger than Microsoft and Google combined in market value, which alone is telling. Apple has a market cap of nearly $460 billion, while Microsoft ($258 billion) and Google ($199 billion) combine for around $457 billion.

We should note that market value is a volatile measure, which can change drastically in mere weeks, but it is also an indication of what investors think about the company’s prospects. And, if you sold Apple stock when the iPhone 4S came out, you should definitely feel sorry about it. Check out Apple shares racing to the $500 mark, after hitting a low in November - the growth rate is almost unbelievable.

source: Apple via parislemon

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1. bbblader posted on 10 Feb 2012, 03:22 7 10

''Amazingly, Apple is now bigger than Microsoft and Google combined in market value, which alone is telling. Apple has a market cap of nearly $460 billion, while Microsoft ($258 billion) and Google ($199 billion) combine for around $457 billion.''
here is your way of saying this
here is mine:
Amazingly, Apple is now bigger than Microsoft and Google combined in market value, which alone is telling that they make overpriced products. Apple has a market cap of nearly $460 billion, while Microsoft ($258 billion) and Google ($199 billion) combine for around $457 billion.

12. gallitoking posted on 10 Feb 2012, 15:57 0 2

take the bitterness out and there is no difference other than you being bitter.. are you ok.. do you have or any of your families Apple products?.. if not... don't worry about it..

2. XiphiasGladius posted on 10 Feb 2012, 03:43 4 1

They're impressive in an economical standpoint but in an ethical standpoint it's the opposite. I ain't hatin' just whinnin'. . .

3. 9_HeLLs_oF_DrOid posted on 10 Feb 2012, 03:52 3 0

Marketing works like a blessing! Apple proves it.

4. kamen posted on 10 Feb 2012, 05:27 2 0

Hm... What flies will inevitably fall down. Hope it will not hurt a lot

5. andro. posted on 10 Feb 2012, 06:09 3 2

Never has there been a better for a hungry company to make so much money off the weak and foolish,apples pr marketing sure have taken full advantage of the susceptible in society!

13. gallitoking posted on 10 Feb 2012, 16:01 0 2

since you don't have nothing new to say... you just recycling material right?... is ok Andro... we accept you even when you say the same thing over and over...

18. christianqwerty posted on 10 Feb 2012, 18:57 0 1

Do you have to turn everything apple does into negative?

6. frydaexiii posted on 10 Feb 2012, 09:08 0 1

I wish they'd stay dead like before...and only appealed to hipsters...

7. victo410 posted on 10 Feb 2012, 09:57 0 0

still don`t get it..why people love apple product so bad .. they are good don't get me wrong .. but come on

8. CUL8TR posted on 10 Feb 2012, 10:55 1 2

WHAT SO GOOD AND SPECIAL ABOUT APPLE PRODUCTS I JUST CANT DONT UNDERSTAND

MACBOOK PRO IR MACBOOK THEY DONT EVEN COME CLOSE TO

SONYS Z SERIES LABTOP

I SEE ONLY RICH HIGH END CELEBS HIGH FLYERS USING THEM DESIGN CARBON FIBER APPLE COPIED SONY

IP4 WHATS SO SPECIAL AND GOOD

LIMITED RESTRICTED

IPOD LISTENING TO MUSIC THRO THERE COMPONENTS SOUNDS THERES NO CLARITY

ISHUFFLE SAME TO TRY LISTENIG THRO SONY BY EARPHONES IT SOUNDS CLEAR PRECISE PRISTINE

WHAT TECH DO THEY HAVE WHICH ALLREADY EXZISTS BUT BY NOT MARKETING PEOPLE DID NOT REALIZE BUT APPLE MARKETED WWW AND PEOPLE FOUND

9. CUL8TR posted on 10 Feb 2012, 10:58 1 0

IT SHOWS THERES LOTS OV STUPID DUM PEOPLE IN THIS WORLD AND FEW CLEVER SMART PEOPLE HOW APPLE BRAINWASHED ALL THE DOPEY IDIOTS UNCIVILIZED ILLITERATE PEOPLE

10. dreammixer posted on 10 Feb 2012, 11:03 1 1

The weird phenomenon of Apple haters. Anytime you're successful the weak and insecure will try to bring you down.

This comment has been moderated, because it doesn`t meet the discussion rules. Show

11. CUL8TR posted on 10 Feb 2012, 14:06 0 1

N5 ANDRO LIKE THAT KEEP IT UP WEVE GOT THE CONVOY HERE LETS TAKE THEM DOWN

14. gallitoking posted on 10 Feb 2012, 16:33 2 1

I love Apple but too much power for one company... is not good...

15. remixfa posted on 10 Feb 2012, 16:35 0 0

the higher they rise.. the farther they fall. cant wait to watch this tower come toppling over. And I hope its the Chinese slave labor that knocks that thing down.

16. gallitoking posted on 10 Feb 2012, 16:40 0 1

a la Bruce Leee....lol

17. dreammixer posted on 10 Feb 2012, 16:53 0 0

Yea and hopefully Amazon, Motorola, Microsoft and all the rest come crumbling down for using Chinese slave labor also.

19. remixfa posted on 10 Feb 2012, 19:10 0 0

wouldnt that be nice? Take down the biggest piece and the rest crumble on their own. That would be Apple. They are the current keystone and one of the biggest violators of Chinese slave labor. I may target Apple because they are the biggest and among the worst, but dont think i dont have a problem with everyone else using foxconn and cheap Chinese factory labor. That was the Xbox factory that had the mass "suicide" pact for better working conditions last month.