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Old 08-13-2008, 06:02 PM   #1
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Apple Now Worth More Than Google

"Digital Daily notes that Apple's market capitalization at $159.37 billion is now worth more than Google's which is at $157.56 billion. Apple's market cap first exceeded $100 billion in May of 2007. Apple was included into the S&P 100 index at that time. For interest, MacDailyNews compiled a list of the market values of other notable companies:

- Microsoft (MSFT) - $255,648,204,000
- IBM (IBM) - $169,964,678,000
- Apple (AAPL) - $157,012,662,240
- Google (GOOG) - $156,392,862,560

- Cisco (CSCO) - $142,125,692,160
- Intel (INTC) - $135,658,860,000
- Hewlett-Packard (HPQ) - $111,866,423,760
- Nokia (NOK) - $97,746,699,520
- Research In Motion (RIMM) - $71,143,935,000
- Disney (DIS) - $59,257,501,500
- Dell (DELL) - $50,483,256,060
- Interference -$50,000,000,000

The practical significance of this ranking of market cap is little, but does always revive a famous comment by Michael Dell in 1997 when asked about what he would do to fix the then money-losing Apple:
"What would I do? I'd shut [Apple] down and give the money back to the shareholders," Michael Dell said before a crowd of several thousand IT executives."
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