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Apple ends day the most valuable public company on Earth


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OneMoreThing...

 
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Apple ends day the most valuable public company on Earth

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After temporarily passing oil giant Exxon Mobil in market capitalization yesterday, Apple has jumped into the lead again and remained there as the market closed today.


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Wow. Just, wow.
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Not to mention the fact that a lot of analysts consider Apple to be very undervalued. Oh boy is my portfolio enjoying the ride !

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About 4 years ago, I remember some arrogant know-it-all who said it was only a matter of time until Apple went under. I'd confront him, but that might be way too nerdy.
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Originally Posted by iWhat View Post
About 4 years ago, I remember some arrogant know-it-all who said it was only a matter of time until Apple went under. I'd confront him, but that might be way too nerdy.
That was more than 4 years ago, and I believe his name was Mike Dell.


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Does this mean the dirty hipsters will have to stop liking Apple now because it's too mainstream?
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I had 5 stocks(up $800) before this, and picked 20 more more when they dropped on monday. I picked up 5 more Last night. And will buy some more today if they drop to around ~350. There's no way but for their stock to go back up to at least $420 soon...the way I see it.

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Originally Posted by Discerptor View Post
Does this mean the dirty hipsters will have to stop liking Apple now because it's too mainstream?
Stock market value != market share.

Apple is still far from mainstream when you consider they only have about 4.5% of the worldwide market.

Hipsters can all relax.

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I came across this article when reading Ars this morning. It looks at the different ways in which the wealth of a company is measured. In some respects, it's the biggest and in some it's not. This isn't to take away from their success (I bet telling people this was even a possible topic for discussion years ago would have made you the subject of ridicule) but just to point out the complexities in coming up with such a measurement.

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I think the biggest contribution was the iPhone most of my friends and family that bought one when it came time to get a new computer switched to a Mac.
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