08-27-2012, 06:00 PM
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So Fucking Banned
Industry Role:
Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,089
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Quote:
Originally Posted by garce
Apple are cunts. Soon to be useless cunts.
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Soon is a relative term.
http://www.forbes.com/sites/benzinga...ny-in-history/
Quote:
Apple (NASDAQ: AAPL) became the most valuable company in history on Monday in terms of market capitalization. Heading into the final hour of trade, the stock had risen better than 2 percent, to give the company a market-cap of over $620 billion with shares trading over $662.00 apiece. The reason for the rise in the stock on Monday appears to be rumors surrounding the iPhone 5. There has also been increased buzz surrounding the iPad mini and the Wall Street Journal reported last week that the company has expanded its plans for a ?set-top box.?
The previous record-holder in terms of aggregate market-cap was Microsoft (NASDAQ: MSFT) which hit its all-time high on December 30, 1999 at the height of the technology bubble. Apple?s achievement does not take into account inflation, however, and Microsoft was considerably more valuable on an inflation-adjusted basis in December 1999. In inflation-adjusted dollars, Microsoft?s market-cap reached a high of around $850 billion. The company now has a market-cap of about $257 billion.
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