Chance Furlong
2011-02-16 19:07:51 UTC
From ZDNET:
http://tinyurl.com/6kfgh95
Cuss and discuss.
Apple: Way the most valuable tech company in the world
By David Morgenstern | February 15, 2011, 12:05pm PST
At the close of the New York markets on Tuesday, Apple climbed $100
billion past Microsoft in market valuation. And the little engine that
could keeps climbing, way more than Hewlett Packard, Sony, Dell and the
many others that once pronounced it dead.
In a post on Seeking Alpha, MG Siegler points out the rise of Apple is
counterpointed by the descent of Microsoft. A year ago, Microsoft’s
valuation was some $60B more than Apple. Today, Apple has a market cap
of $330.66B while Microsoft is at $228B. What a switch!
In fact, not only is it clear now that Microsoft will not be re-taking
the crown as the most-valuable tech company any time soon, but they’re
flirting with being knocked down to the number three — or even number
four spot. In the past year, while Microsoft’s stock is down slightly,
Google’s is up nearly $100-a-share. This has allowed the search giant to
surpass the $200 billion market cap themselves. And they’re now just $28
billion away from Microsoft.
Question, if Google passes Microsoft in valuation, how many days later
will the reign of Steve Ballmer last?
http://tinyurl.com/6kfgh95
Cuss and discuss.
Apple: Way the most valuable tech company in the world
By David Morgenstern | February 15, 2011, 12:05pm PST
At the close of the New York markets on Tuesday, Apple climbed $100
billion past Microsoft in market valuation. And the little engine that
could keeps climbing, way more than Hewlett Packard, Sony, Dell and the
many others that once pronounced it dead.
In a post on Seeking Alpha, MG Siegler points out the rise of Apple is
counterpointed by the descent of Microsoft. A year ago, Microsoft’s
valuation was some $60B more than Apple. Today, Apple has a market cap
of $330.66B while Microsoft is at $228B. What a switch!
In fact, not only is it clear now that Microsoft will not be re-taking
the crown as the most-valuable tech company any time soon, but they’re
flirting with being knocked down to the number three — or even number
four spot. In the past year, while Microsoft’s stock is down slightly,
Google’s is up nearly $100-a-share. This has allowed the search giant to
surpass the $200 billion market cap themselves. And they’re now just $28
billion away from Microsoft.
Question, if Google passes Microsoft in valuation, how many days later
will the reign of Steve Ballmer last?