The computer maker is once again the world's most valuable company
As the Dow Jones industrial average plunged another 500-plus points Wednesday, Exxon Mobil (XOM) plunged more than Apple (AAPL) and once again gave up its long-held spot as the No. 1 public company in the world in terms of market capitalization.
When the closing bell rang, Apple closed on top for the first time. The tale of the tape looked like MOREPhilip Elmer-DeWitt - Aug 10, 2011 11:55 AM ET
The company's market cap vied with Exxon Mobil's in see-saw trading Tuesday
The lead changed hands several times Tuesday as Exxon Mobil (XOM) recovered from early losses and Apple's (AAPL) gains leveled off. By 3:00 p.m, Apple's market capitalization (share price times number of shares outstanding) was more than $5 billion larger than Exxon's, according to Google Finance. As the closing bell approached, however, Exxon surged faster than Apple and retook the MOREPhilip Elmer-DeWitt - Aug 9, 2011 2:01 PM ET
But then, neither is Microsoft gaining on Apple
As measured by market capitalization (i.e., stock price times number of shares) Apple (AAPL) overtook Microsoft (MSFT) in May 2010 to become the world's most valuable tech company.
Apple still trails Exxon Mobil (XOM), the No. 1 publicly traded company, by more than $90 billion.
Philip Elmer-DeWitt - Jun 20, 2011 7:51 AM ET
It's now worth what Microsoft was six months ago, while Microsoft falls further behind
Apple (AAPL) has set four new record highs in past five trading days. It closed Wednesday at $287.75, pushing its market cap to $262.88 billion, widening the gap with Microsoft (MSFT, market cap: $212.96 billion) and closing in on America's most valuable company, Exxon Mobil (XOM, market cap: $312.89).
Apple overtakes Microsoft, is now No. MOREPhilip Elmer-DeWitt - Sep 23, 2010 6:33 AM ET
But four years ago Microsoft's quarterly revenue was 2.7 times Apple's. Now it's 2.2% larger.
When Apple (AAPL) reported quarterly revenue of $15.7 billion on Tuesday, there was a lot of speculation that this would be the quarter that it finally overtook its long-time rival.
But it was not to be -- at least not yet. Microsoft (MSFT) reported its fourth quarter earnings after the markets closed on Thursday and it easily MOREPhilip Elmer-DeWitt - Jul 22, 2010 5:09 PM ET
Measured by market capitalization, it is second only to Exxon Mobil among U.S. companies
At the close of market Wednesday, Apple's (AAPL) share price stood at $244.11, down $1.11 (0.45%) for the day. Microsoft (MSFT), on the other hand, closed at $25.01, down $1.06 (4.07%).
Why is this significant? Because Apple's market capitalization ($221.36 billion) just overtook Microsoft's ($219.35) for the first time in 20 years, making it the second most MOREPhilip Elmer-DeWitt - May 26, 2010 4:43 PM ET
With its market cap at $213.9 billion, only two U.S. companies are bigger than Apple
Here's one way to measure Apple's (AAPL) progress in March, a month in which its stock price set 11 all-time highs.
On March 9, a few days after the company announced the iPad's ship date, Apple's market capitalization (share price times shares outstanding) was $198.5 billion, making it one of the five most valuable U.S. companies, right MOREPhilip Elmer-DeWitt - Mar 31, 2010 6:34 AM ET
Shares surge on iPad pre-orders, making Apple America's third most valuable company
UPDATE: That was short-lived. By March 15, Apple's market cap had fallen below Wal-Mart's once again.
Ninety minutes after Apple (AAPL) opened its online store for iPad pre-orders Friday morning, a burst of trading -- roughly 2 million shares in 30 minutes -- pushed its stock price to $227.73 and its market cap to $206.5 billion.
That, and a dip in MOREPhilip Elmer-DeWitt - Mar 12, 2010 10:43 AM ET
It's been nearly 12 years since Michael Dell told an audience of technology executives -- in a remark some of us never tire of repeating -- that if he were in charge of Apple (AAPL) he would "shut it down and give the money back to the shareholders." (link).
Not only is Apple's market capitalization ($143.3 billion) more than five times Dell's ($27.3 billion), but as Roughly Drafted's Daniel Eran Dilger MOREPhilip Elmer-DeWitt - Jul 29, 2009 7:33 AM ET
Here's an interesting bit of stock market trivia from 9to5 Mac. If Apple (AAPL) shares open anywhere near the 186 mark they passed in after-the-bell trading yesterday, the company's market capitalization ($161 billion) will, for the first time, pass IBM's ($156 billion).
Who's the Big Brother now?Philip Elmer-DeWitt - Oct 23, 2007 8:26 AM ET
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