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Cisco held the title of "world's most valuable company" at one point during the bubble (see http://news.cnet.com/2100-1033-238483.html http://news.cnet.com/2100
by grellas 17y ago
Cisco held the title of "world's most valuable company" at one point during the bubble (see http://news.cnet.com/2100-1033-238483.html http://news.cnet.com/2100-1033-238483.html - March 27, 2000).
That proved pretty meaningless then, as it would for Apple now.
Market cap is not a good basis upon which a company should frame its strategic planning and for the article to suggest that Microsoft may do this vis-a-vis Apple and Google renders its analysis pretty superficial.
- qeorge 17y agoGood point. Volkswagen did as well, during the kerfuffle with Porsche in 2008: http://www.autoblog.com/2008/10/28/volkswagen-temporarily-becomes-largest-company-in-the-world/ http://www.autoblog.com/2008/10/28/volkswagen-temporarily-be...