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

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Comments

  • Reply 41 of 48
    Quote:

    Originally Posted by TheWhiteFalcon View Post

     

    Quote:
    Originally Posted by lkrupp View Post

     

    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...

  • Reply 42 of 48



    Sorry to hear of your broken humor bone.

    And bad investing skills.

  • Reply 43 of 48
    MacProMacPro Posts: 18,449member
    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...

    Then again ... Pepper Potts is far more attractive than Alfred.
  • Reply 44 of 48
    foggyhillfoggyhill Posts: 4,767member
    Quote:
    Originally Posted by DavidW View Post

     

     

     

    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" />


     

    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!

  • Reply 45 of 48
    lilgto64lilgto64 Posts: 1,147member

    I'm kinda disappointed that the first comment wasn't simply...

     

     

    DOOOOOOMED!

  • Reply 46 of 48
    Quote:

    Originally Posted by lkrupp View Post

     
    Quote:
    Originally Posted by TheWhiteFalcon View Post

     



    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.

  • Reply 47 of 48
    Quote:

    Originally Posted by digitalclips View Post

     
    Quote:

    Originally Posted by TheWhiteFalcon View Post



    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 image Sweet isn't it? 100% of all dividends have been plowed back in too. image

     

     

    Paper money until you sell them.

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