Apple becomes first U.S. company in history with $700B market cap after shares close at record high

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Comments

  • Reply 21 of 48
    lkrupp wrote: »

    You mean Microsoft’s “adjusted for inflation” peak. Don’t talk theoretical numbers. It’s real peak was $616.3 billion in December of 1999. Just more smoke and mirrors to denigrate Apple’s achievement. We ain’t c|net here.

    i think it's perfectly fair¡ We should adjust MS' record for inflation… as well as for the Internet bubble they were in. Based on my calculations MS' real value in 1999 adjusted for 2015 is $346.98 billion. How about that?! It's exactly the same it is today. :D
  • Reply 22 of 48
    MacProMacPro Posts: 19,727member
    rogifan wrote: »
    Only $150B or so more and Apple will take over Microsoft at its peak. :smokey:

    Oh such a predictable put down. :no:
  • Reply 23 of 48
    MacProMacPro Posts: 19,727member
    lkrupp wrote: »

    You mean Microsoft’s “adjusted for inflation” peak. Don’t talk theoretical numbers. It’s real peak was $616.3 billion in December of 1999. Just more smoke and mirrors to denigrate Apple’s achievement. We ain’t c|net here.

    Yes that adjusted crap is ridiculous, everything else was adjusted too. It is what it is. Apple have the current crown, end of conversation.
  • Reply 24 of 48
    MacProMacPro Posts: 19,727member

    Adjusted for inflation, MS still wins.

    Don't encourage the trolls! lol
  • Reply 25 of 48
    MacProMacPro Posts: 19,727member
    It was a really nice day. Bought in at $93.

    Our largest tranches were at around $33, $50 and $75 here and a few more at $200 :) Sweet isn't it? 100% of all dividends have been plowed back in too. :smokey:
  • Reply 26 of 48
    Quote:
    Originally Posted by TheWhiteFalcon View Post

     



    Put down the comic book...




    Don't you mean put down the iPad with the comics app.?

  • Reply 27 of 48
    rogifanrogifan Posts: 10,669member
    solipsismy wrote: »
    i think it's perfectly fair¡ We should adjust MS' record for inflation… as well as for the Internet bubble they were in. Based on my calculations MS' real value in 1999 adjusted for 2015 is $346.98 billion. How about that?! It's exactly the same it is today. :D

    Good one!
  • Reply 28 of 48
    rogifanrogifan Posts: 10,669member
    Oh such a predictable put down. :no:

    Actually you're right...Microsoft's P/E back in the summer of 1999 was 64. :wow: What would Apple's valuation be today if their P/E was in the 60s?
  • Reply 29 of 48
    bageljoeybageljoey Posts: 2,004member
    ipsofacto wrote: »

    Past time for Apple to give any shareholder who owned AAPL prior to 2008 a free iPad. ;-)

    Seems to me, anyone who bought back then should be able to spring for a little tech-candy without bothering Apple directly...
    ;)

    I'm the one to pity. I bought in 2005 then sold in 2011 to buy Windows...
  • Reply 30 of 48
    Here is an article that looks at how much Apple Inc, spends on lobbying in Washington:

    http://viableopposition.blogspot.ca/2014/09/apple-inc-lobbyist.html

    It is interesting to compare Apple%u2019s expenditures on getting its way in Washington to those of its tech sector peers and to see what types of legislation it is attempting to influence.
  • Reply 31 of 48
    jungmarkjungmark Posts: 6,926member
    So much for the haunted empire. Whatever happened to that "writer"?

    Does that include all that cash Apple has?
  • Reply 32 of 48
    jungmark wrote: »
    So much for the haunted empire. Whatever happened to that "writer"?

    Does that include all that cash Apple has?

    We're talking about a valuation, so yes, everything is included when talking about the value of the shares, but that isn't to say that those investing in Apple having considering it.
  • Reply 33 of 48
    bugsnwbugsnw Posts: 717member

    Yep. Have to adjust for inflation. If you don't, you'll walk around thinking the first Model T was 'cheap' when in fact, it was comparable to paying about $20K for a car today.

     

    Good job, Apple. I'm glad to see Tim talk up the watch a bit.

  • Reply 34 of 48
    Quote:
    Originally Posted by digitalclips View Post

     
    Quote:
    Originally Posted by Rogifan View Post



    Only $150B or so more and Apple will take over Microsoft at its peak. image




    Oh such a predictable put down. image

    I can live with predictable, but moronic .... no.

  • Reply 35 of 48
    Quote:

    Originally Posted by SolipsismY View Post



    The only milestone for valuation I see if overtaking Saudi Aramco's $781 billion ....

    That's a made-up number based on comparables, and not actual publicly traded valuation, as I vaguely recall.

  • Reply 36 of 48
    That's a made-up number based on comparables, and not actual publicly traded valuation, as I vaguely recall.

    It is, and their assets are listed as $35 TRILLION based on the last report of their oil reserves.
  • Reply 37 of 48
    bugsnw wrote: »
    Yep. Have to adjust for inflation. If you don't, you'll walk around thinking the first Model T was 'cheap' when in fact, it was comparable to paying about $20K for a car today.

    You don't, because you're not comparing a product, but a valuation of a publicly traded company.

    You're more than welcome to adjust for inflation, but you're better off adjusting for P/E and then adjusting for inflation if you are trying to make an honest comparison. The fact remains that in 1999 MSFT (and most of the market) was simply in a bubble ready to burst.
  • Reply 38 of 48

    Wall Street does not hate Apple. They just don't give Apple any benefit of doubt.  Apple P/E is lower than McDonald or Coca Cola.  Apple is priced as if there would be no more growth in the next five years. 

     

    See Chuck Jones fair and reasonable article why Apple is trading at a discount to the market:

     

    http://www.forbes.com/sites/chuckjones/2015/02/10/why-apples-shares-trade-at-a-discount-to-the-market/

  • Reply 39 of 48



    I orgiinally bought in at $12... and many times since... Been a great ride so far!!!

  • Reply 40 of 48
    davidwdavidw Posts: 2,050member
    Quote:
    Originally Posted by TheWhiteFalcon View Post

     



    Adjusted for inflation, MS still wins.


     

     

    Well, as of today, MS has a market cap of about $350B. At it's peak in 1999, MS had a market cap of $6130B. So today, MS is only worth about 57% of  what it was worth in 1999. But adjusted for inflation, MS was worth $873B, so MS today is only worth 40% of what it was worth in 1999. 

     

    In 1999, Apple had a market cap of less that $10B. That's about $13B adjust for inflation. Today, with Apple having a market cap of $710B, Apple is now worth over 50X's ( that's a 5000% increase) what it was worth in 1999, even after adjusting for infaltion. 

     

    And you think MS still wins. <img class=" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />

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