Apple 2.0

Covering the business that Steve Jobs built

Apple approaches $200 billion

March 6, 2010: 6:35 AM ET

With its record close Friday, it's now the 4th largest publicly traded U.S. company

Source: Wolfram Alpha

When its shares closed at $218.95 Friday, Apple (AAPL) became one of the five biggest U.S. companies by market capitalization, right below Wal-Mart (WMT) and above Berkshire Hathaway (BRK-A). (See chart at right.)

In the horse race most tech handicappers care about, however, Apple vs. Microsoft, the company has another $50 billion and change to go. Apple would have to hit $276 a share for its market cap to get past what Microsoft's (MSFT) is today.

But Apple is closing in. Below the fold: a fever chart of the last five years.

Market capitalization, log scale. Source: Wolfram Alpha

See also:

[Follow Philip Elmer-DeWitt on Twitter @philiped]

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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