Originally Posted by TheWhiteFalcon
This just in. Apple buys Stark Industries in mega merger deal. Tony Stark to be joining Tim Cook’s management team as co-ceo. Pepper Potts elevated to VP, Global Operations. Jony Ive stays put. First product to be Iron Man suit controlled by Siri. Jarvis gets golden parachute retirement package. Put that in your pipe and smoke it Elon Musk!
Put down the comic book...
Yes @lkrupp, get serious. This is Apple we are talking about. If anything, they'd rather be tied to Wayne Industries, not a pale imitation like Stark...
Sorry to hear of your broken humor bone.
And bad investing skills.
bestkeptsecret wrote: »
Yes <a data-huddler-embed="href" href="/u/18551/lkrupp" style="display:inline-block;">@lkrupp</a>
, get serious. This is Apple we are talking about. If anything, they'd rather be tied to Wayne Industries, not a pale imitation like Stark...
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. " src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
I got 825B adjusted for inflation 1999 (late december 99) to early 2015 So, still 18% off. Considering that this was in the runup of the Nasdaq and tech bubble were many companies had PE multiples in the hundreds, I think Apple's feat is much more impressive considering it does it wi a very low PE.
Though there is the contention that IBM's 1967 capitalisation of 193B!!! (1.3T!!!! is the all time leader). That tells you how much IBM's weight was in the tech sector in the 1960s. It was just about all of it!
I'm kinda disappointed that the first comment wasn't simply...
Adjusted for inflation, MS still wins.
Anything to throw cold water on Apple’s achievement, make it appear Apple is a loser. Typical.
I don't think so; he's just spelling out the facts.
Paper money until you sell them.