Apple now worth more than Google and Microsoft combined [u]

Posted:
in AAPL Investors edited January 2014


First on AI: Apple's stock soared to new heights on Thursday, pushing the company's market capitalization to $456 billion, a number that is greater than the values of rivals Google and Microsoft combined.



As of Thursday morning, Microsoft's market cap was around $256.7 billion, while Google was valued at around $198.9 billion. With Apple's stock up more than 3 percent in morning trading, the company surpassed the combined totals of both Google and Microsoft.



The milestone comes soon after Apple reported its best quarter ever, earning $13.06 billion on sales of 37 million iPhones, 15 million iPads and 5.2 million Macs. Total revenue for Apple's holiday quarter was $46.33 billion.



But Google's shares fell more than 9 percent last month after the company missed expectations on Wall Street for both earnings and revenue. And while Microsoft met Wall Street expectations, revenue from its Windows operating system fell 6 percent to $4.74 billion.



Apple's market capitalization passed Microsoft alone in May of 2010 when the iPhone maker's value hit around $222 billion. And last August was the first time that Apple passed Exxon to become the world's largest company by market cap, then with a value of $346.74 billion.











As of Thursday morning, Apple was well ahead of Exxon Mobil, which had a market cap of around $402 billion. That put Apple at a value of more than $50 billion more than the oil giant.



With AAPL stock north of $490, some Wall Street analysts on Thursday began increasing their price targets for the iPhone maker. Charlie Wolf with Needham & Company upped his estimate from $540 to $620, while Mike Walkley with Canaccord Genuity raised his target on AAPL shares even higher, to $665.



Update: Fortune has posted a few comparative metrics to AAPL's valuation and finds that the company is now worth more than the gross domestic product of Sweden ($458 billion), all the gold in the Federal Reserve ($350 billion), and more than 2.5 Apollo space programs ($145-$170 billion apiece), among others.



[ View article on AppleInsider ]

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Comments

  • bageljoeybageljoey Posts: 1,719member
    What just happened to the stock?

    Holy cow!
  • digitalclipsdigitalclips Posts: 15,313member
    Cool. I keep meeting people that think because GOOG is higher than AAPL Google is worth more. LOL
  • digitalclipsdigitalclips Posts: 15,313member
    Quote:
    Originally Posted by Bageljoey View Post


    What just happened to the stock?

    Holy cow!



    Wow ... Holy Cow is right . 493.18 .might hit 500 .... although I am expecting it to drop back a wee bit for a while soon (but maybe not) but it will go on up to the mid 600s in a year or so ...
  • philtuttlephiltuttle Posts: 3member
    while Google was valued at around $198.9 million

    Million should be Billion??
  • digitalclipsdigitalclips Posts: 15,313member
    Quote:
    Originally Posted by philtuttle View Post
    while Google was valued at around $198.9 million

    Million should be Billion??



    Maybe an bit of clairvoyance slipped in, that's Google in a few years ...
  • gqbgqb Posts: 1,934member
    Quote:
    Originally Posted by digitalclips View Post


    Cool. I keep meeting people that think because GOOG is higher than AAPL Google is worth more. LOL



    iPhone revenues alone exceed GOOG valuation.
  • solipsismxsolipsismx Posts: 19,566member
    Did Apple earn more profit than MS and Google combined in the last quarter?



    edit: Google's non-GAAP net income for the last quarter was $3.13 billion while MS's net income was $6.62 billion for a total of $9.81 billion. Apple's net income was $13.06 billion or 33% higher than the two companies combined. Sounds to me Apple's valuation is low.





    Quote:
    Originally Posted by digitalclips View Post


    Cool. I keep meeting people that think because GOOG is higher than AAPL Google is worth more. LOL



    You do live in Florida.... America's wang.
  • digitalclipsdigitalclips Posts: 15,313member
    Quote:
    Originally Posted by GQB View Post


    iPhone revenues alone exceed GOOG valuation.



    So true.
  • digitalclipsdigitalclips Posts: 15,313member
    Quote:
    Originally Posted by SolipsismX View Post


    Did Apple earn more profit than MS and Google combined in the last quarter?







    You do live in Florida.... America's wang.



    I had to look that up LOL.



    I must watch that episode.
  • Wait...Where's Slappy to tell us that Android is Winning?



    Where's the haters to tell us how "innovative" Microsoft is with its Windows Phones?



    Funny, I don't seem to hear anything...
  • anantksundaramanantksundaram Posts: 16,916member
    Quote:
    Originally Posted by Bageljoey View Post


    What just happened to the stock?

    Holy cow!



    I think it is Samsung's stylus that did it. With one massive, collective sob, the shorts all threw in the towel when that brilliant piece of technology was announced.
  • digitalclipsdigitalclips Posts: 15,313member
    Quote:
    Originally Posted by anantksundaram View Post


    I think it is Samsung's stylus that did it. The shorts all threw in the towel when that brilliant piece of technology was announced.



    So to paraphrase Bart, a kind of 'eat your shorts' moment?
  • joelsaltjoelsalt Posts: 827member
    Quote:
    Originally Posted by anantksundaram View Post


    I think it is Samsung's stylus that did it. With one massive, collective sob, the shorts all threw in the towel when that brilliant piece of technology was announced.



    I LOL'd at Teh Superbowl ad: "It has a pen!?!?!"
  • originalgoriginalg Posts: 373member
    Quote:
    Originally Posted by SolipsismX View Post


    Did Apple earn more profit than MS and Google combined in the last quarter?



    Alternatively, the question that should be asked is "will Apple earn more than MS and Google combined in a future quarter?"
  • Apple is about to unveil the "Sell a share, get an iPad" program.
  • digitalclipsdigitalclips Posts: 15,313member
    Quote:
    Originally Posted by OllieWallieWhiskers View Post


    Apple is about to unveil the "Sell a share, get an iPad" program.



  • paxmanpaxman Posts: 4,108member
    Damn. Its getting harder and harder to hold on to that 'underdog' feeling. Its much harder to claim the moral high ground when you are ... well, HUGE!
  • monstrositymonstrosity Posts: 2,075member
    Today I'm a happy man. Thanks again AAPL!
  • jd_in_sbjd_in_sb Posts: 1,268member
    I am glad Steve lived long enough to see Apple transition from his parents' garage to most valuable company in the world.
  • solipsismxsolipsismx Posts: 19,566member
    Quote:
    Originally Posted by I am a Zither Zather Zuzz View Post


    Where's the haters to tell us how "innovative" Microsoft is with its Windows Phones?



    WP7 is innovative but being innovative doesn't make a product popular. Even being better tech doesn't mean a product wins over inferior tech as there are many other aspects to be considered. I think MS's biggest problem with WP7 is that they decided to keep the Windows name. If they had only rebranded it they could have shed a lot of what people dislike about MS. I also think they could have taken a solid hold of the tablet industry had they focused on that with the WP7 UI instead of focusing on a phone that they clearly are very late to market. Does that really make an Apple hater?
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