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Apple sets record for most valuable company

  1. #1

    Apple sets record for most valuable company

    Apple is now the most valuable U.S. company the world has ever seen. Thanks to a powerful 64% rally in the stock this year, the value of the maker of smartphones and computer tablets is now $623.5 billion, topping Microsoft's high-water mark of $620.6 billion in 1999, says S&P Capital IQ.

    The stunning rise in the shares is head-turning given the sheer size of the company and the speed it has gained power and resources. Shares rose $17.04 to $665.15 Monday.
    Read the rest of the story here

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  2. #2

    Southern California
    Posts : 788
    Windows 8.1 Pro with Media Center x64

    I'm not sure if that article said it, but adjusted for inflation, MS still has the #1 all time ranking.

    I suppose you would realize that my statement may make it seem like I am an MS fanboy, and I am. But that is because I am used to MS, not Apple. Also because most businesses seem to evolve around MS.

    To be sure, Apple products are fun toys, but when you want to get serious, you almost always get an MS gadget. Even if you are a gamer and desire the newest games with the best graphics, you go MS. Until that changes, I won't even consider Apple. My family owned an apple computer way back in the day (to be sure, they weren't as good as they are now). All I can remember is its standard games and goofy screensavers. No one really used it all that much. Heh, internet might have been a wee bit slower then too.

    I do have an ipod because I see that MS has struggled perfecting any device of theirs in that arena. I go with the best product available for me, and my ipod has lasted years through heat and cold. It has all my songs on iTunes and just works great. I won't consider an MS MP3 device until I see some kind of improvement.

    I hate phones (own a cheap one) so I never got an iphone, but am considering a windows 8 phone simply because I can use things such as office 365 and sync things over to my home computer with ease, etc. I haven't gone for it yet because it hasn't stood out to me at the moment (and of course, I hate phones). If I found reason enough, I may get one. An excellent GPS feature is a must for me.

    I guess what I'm trying to do is give a personal real-life example of how MS is performing, from my perspective. They seem like they are on the brink of something great, but instead choose to lag behind. It is as if they choose to be second best. I am sure they have the ability and know-how to create something extraordinary, but for whatever reason, and holding back. I believe Apple is in this same boat, but I think Microsoft's percentage of potential far exceeds the percentage that Apple has, despite it being the number 1 company today. Think - complete ease of use cuppled with cheap but fast proccessing, exceptional built-in security, and compatability.

    I don't mind touch screens, but not on every device. You've seen high-tech refridgerators with touchscreens, but the applications of it wasn't worth the cost. Microsoft must think what the masses of people would most like to get their hands on, and start focusing on how they can appeal to these groups. Step 1: get their opinions and play with it.

    Great article, I read it somewhere else and noticed you had this thread up. Hope I didn't expend all my alloted typing characters for the day.
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  3. #3

    Posts : 5,707
    Windows 8.1 Pro

    I read that adjusted for inflation, Microsoft's peak would be about 850 billion dollars in today's money. They peaked at about 600 billion when they were at that point, I have a fleeting suspicion apple might be nearing their peak and will go down like Microsoft did.

    tim cook strikes me as someone that is keeping the ship steady but not really leading it, much like steve ballmer has been doing. Without the two companies leader of jobs and Gates, both have seen their bad times. The problem is, steve jobs is dead and can't come back. Gates won't be coming back either.

    I don't know.........
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  4. #4

    Posts : 1,184
    Windows 8.1, Windows 7, Linux Mint 14

    Quote Originally Posted by Coke Robot View Post
    Without the two companies leader of jobs and Gates, both have seen their bad times. The problem is, steve jobs is dead and can't come back. Gates won't be coming back either.
    Well said.
    I don't know if we will ever see someone of their kind. I hope we do ...
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