The Best (and Most Daunting) Apple (AAPL) Market Cap Comparison...
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There's no doubt that Apple is a formidable company, what with iPads and iPhones selling faster than hotcakes at a pro-carbohydrate convention. And it's easy to make comparisons of how many small countries Apple can buy with its cash, or how many iPads you could get in lieu of one share of Apple stock (1, with today's price at $500). Here's another shocking comparison which might take some aback.
Apple's (Nasdaq: AAPL) current market cap -- at about $466 billion -- is bigger than Microsoft (Nasdaq: MSFT) and Google (Nasdaq: GOOG)...combined!
That's right. At $30.50 per share, Microsoft boasts a cap of $256 billion and Google is at the $199 billion level for a total cap of $455 billion.
One more fact, as reported by BGR.com, is that Apple is bigger than all of its vendor competitors combined. The blog said the total market cap of Samsung, Nokia (NYSE: NOK), HTC, Motorola Mobility (NYSE: MMI), RIM (Nasdaq: RIMM), Sony (NYSE: SNE), and LG, is only about $259 billion. In general, the total value of all smartphone vendors less Apple is $343 billion, meaning Apple's market cap is about 58 percent of the segment.
That's pretty telling. And Apple is still climbing higher, up 1.4 percent on the session.
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Apple's (Nasdaq: AAPL) current market cap -- at about $466 billion -- is bigger than Microsoft (Nasdaq: MSFT) and Google (Nasdaq: GOOG)...combined!
That's right. At $30.50 per share, Microsoft boasts a cap of $256 billion and Google is at the $199 billion level for a total cap of $455 billion.
One more fact, as reported by BGR.com, is that Apple is bigger than all of its vendor competitors combined. The blog said the total market cap of Samsung, Nokia (NYSE: NOK), HTC, Motorola Mobility (NYSE: MMI), RIM (Nasdaq: RIMM), Sony (NYSE: SNE), and LG, is only about $259 billion. In general, the total value of all smartphone vendors less Apple is $343 billion, meaning Apple's market cap is about 58 percent of the segment.
That's pretty telling. And Apple is still climbing higher, up 1.4 percent on the session.
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