Apple's market cap passes $300 billion

By Emil
Jan 5, 2011
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  1. Apple's market capitalization is now above $300 billion, according to Fortune. Market capitalization is the number generated by the stock price multiplied by the number of shares outstanding. Apple passed Microsoft as the most valuable tech company in May 2010.

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  2. gwailo247

    gwailo247 TechSpot Chancellor Posts: 2,011   +18

    Investor: "Yey, I'm rich!"
    Stock Market: *pop*
    Investor: "Boo, I'm poor!"

    BTW, could you find a more evil (eviler?) picture of The Turtleneck?
  3. lawfer

    lawfer TechSpot Paladin Posts: 1,270   +91

    Wow, just the fact that Apple, a simple software and hardware designer, is to be expected to compete with one of the (if not the?) largest oil and gas companies in the world; that alone, is incredibly impressive.

    If to the new Apple (2007-), it only took 10 months to achieve what the old Apple Computer (1997-2007) thought of only a dream 26 years ago, I don't really see a reason for them not to achieve $375+ in the next couple of years (or months?).
  4. Xclusiveitalian

    Xclusiveitalian TS Evangelist Posts: 699   +58

    I'm not surprised they sell products way above market value and people still buy it. They turn huge profits and there investors know it. Apple is "hip" they could make a cardboard box if it had the logo on it they could sell it for $999 and people would buy it lol
  5. KG363

    KG363 TS Guru Posts: 515   +9

    "Exxon's stock has been surging since April 2010"
    Is that a surge up or down?

    I just can't see them surpassing Exxon. That would be ridiculous, but now seemingly plausible

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