How do you like them Apples?
Wednesday, 10th March 2010
In case you’ve been living in a cave as of late, Apple computers, ipods, iphones, etc have been killing it. Sales have dramatically increased even through this recession.
The latest numbers are now out and Apple is now one of the top 5 companies in the world in terms of market capitalization. Their market cap is now at $202 billion. They are inching up to WalMart whose market cap is $205 billion and are still a bit away from Microsoft who is at $253 billion. (Market Cap = Stock Price x Outstanding Stock Shares)
I am curious to see how Apple’s market cap will compare to WalMart & Microsoft at the end of 2010 after the iPad has been introduced, after Microsoft continues its slide, and after WalMart’s sales remain relatively flat.
