Apple passes Intel & IBM in market cap @$162B

[udaman]

LOL, I love all the SF peeps, who can't comprehend the future, just like those posts on how American auto manufacturers are behind the times (well they are behind the times, but not in all areas...but they still suck when it comes to styling and ergonomics)

http://www.macnn.com/articles/07/10/23/apples.market.success/

I did not realize Cisco was so big. But with Apple stock predicted to surpass $200/share by next year if not sooner, Cisco should be passed up too. Only leaves Google and the mighty megasloth of Windoze @$290B.

Just think, a decade ago; Michael Dell was telling/taunting Steve Jobs to fold Apple, which at the time was only capped @700M, while Dell was 3x that. How times have changed...for the better .

 

[ddrueding]

Considering all the other markets Apple is into, market cap is not a good measurement. What is their percentage of the OS market doing? 6%? Same as the last decade? Who cares if they sell a billion iPods, if they aren't going to knock MS down a peg, they aren't relevant.

 

[Mercutio]

What that says to me is that IBM and Intel are probably undervalued in the current market.