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Apple Stock closes at all-time high, now 4th largest Market Cap in the US
- usaar333 17y agoSlight error: Berkshire Hathaway is currently 4th at $206B.
- anderzole 17y agoBerkshire is 5th with $194B (the A shares that is) http://finance.yahoo.com/q?s=brka&d=t http://finance.yahoo.com/q?s=brka&d=t
- jakarta 17y agoBerkshire's market cap is $204.655B http://online.barrons.com/public/quotes/main.html?symbol=BRKA http://online.barrons.com/public/quotes/main.html?symbol=BRK...
- hristov 17y agoHowever, the market cap is the A shares plus the B shares.
- usaar333 17y agoAh that's the issue. Yahoo gives only class A (and doesn't show class B); Google just merges them.
- deleted 17y ago[deleted]
- icco 17y agoProof that you don't need to have market dominance to make a lot of money.
- borism 17y agoApple dominates its' own market
- nostrademons 17y agoKinda interesting that Google's market cap is now higher than IBM's despite having 1/10th as many employees. I guess it sorta makes sense, since employees are costs and therefore should adversely affect the market cap. In a similar vein, Wal-Mart (with its 2 million employees, 100 times more than Google) has a market cap of only $206B. On a good day, Apple could pass that and become #3.
- _delirium 17y agoEven accounting for employees being costs, though, the valuations seem like they must be based mainly on a prediction that either Google is going to grow a lot, or those other companies are going to shrink. Wal-Mart and IBM both make around 2x Google's annual profits, for example (around $13.5b each vs. $6.5b).
- dnsworks 17y agoIBM's business relies on low-margin, hard to scale models like selling consulting hours or selling hardware.
- borism 17y agoYes, but how long can it hold there?
- stcredzero 17y agoSo the "wisdom of the crowds" is that Apple is really onto something with the iPad? Or are people manipulating the market into excess optimism about Apple so they can cash in?
- borism 17y agoiPad has very little to do with it