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Apple Now Worth More than Google and Microsoft Combined

By - Source: AppleInsider | B 101 comments

Apple shares soared yesterday, pushing the company past a significant milestone.

Apple has a lot of money. This we know. However, the company passed a jaw-dropping milestone this week that accurately illustrates just how much the Cupertino-based company is actually worth. Apple shares surged to an all-time high yesterday, passing the $490 mark and closing at $493.17. This is up $16.49 from just one day previously and represents a 3.46 percent increase for the day. More interestingly, it pushed Apple's capitalization to just shy of $460 billion. This is more than rivals Microsoft and Google combined.

AppleInsider's Neil Hughes was the first to notice the achievement, noting that Microsoft's market cap yesterday stood at around $256.7 billion, while Google was valued at around $198.9 billion. This counts for a combined market cap of $455.6 billion. With Apple's stock up more than 3 percent in yesterday's morning trading, the company surpassed the combined totals of both Google and Microsoft. Apple's market cap currently stands at $459.82 billion.

Fortune also points to a great blog called 'Things Apple is Worth More Than' over on Tumblr. So far, the blog lists: The global coffee industry ($70 billion per year); the Apollo space program, twice over ($145 - $170 billion); the entire NFL, thirteen times (all of the teams combined are worth $33 billion); and all the gold at the New York Federal Reserve Bank (a massive 7,000 tonnes as of last August for a total worth of $350 billion). Head over to Tumblr for more, or Fortune, which has also got it's own list going (theirs includes Sweden, which has a gross domestic product of $458 billion).

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Top Comments
  • 41 Hide
    dgingeri , February 10, 2012 10:19 PM
    Just proves how much they're cheating their producers' employees and their customers. You'd think they'd be able to pay their production employees (you know, the ones that work for Foxconn) a bit more than $3.00/hr, or at least give them decent living quarters.
  • 34 Hide
    Anonymous , February 10, 2012 10:29 PM
    That's awesome!!! Now pay your factory workers you assholes.
  • 33 Hide
    nukemaster , February 10, 2012 10:20 PM
    Overall, MS is not doing too bad for a company that makes its money mostly from software(i said mostly, not all :)  ).
Other Comments
    Display all 101 comments.
  • 26 Hide
    geekapproved , February 10, 2012 10:14 PM
    Tom's Hardware is a technology website, which includes apple computers and phones....duh.
  • 7 Hide
    SneakySnake , February 10, 2012 10:17 PM
    If MS was in the same situation they woulda reported it. Just an interesting tidbit, that's all
  • 41 Hide
    dgingeri , February 10, 2012 10:19 PM
    Just proves how much they're cheating their producers' employees and their customers. You'd think they'd be able to pay their production employees (you know, the ones that work for Foxconn) a bit more than $3.00/hr, or at least give them decent living quarters.
  • 33 Hide
    nukemaster , February 10, 2012 10:20 PM
    Overall, MS is not doing too bad for a company that makes its money mostly from software(i said mostly, not all :)  ).
  • 31 Hide
    itpro , February 10, 2012 10:27 PM
    Who was it that said that slavery was not profitable? The were obviously wrong.
  • 34 Hide
    Anonymous , February 10, 2012 10:29 PM
    That's awesome!!! Now pay your factory workers you assholes.
  • -8 Hide
    kcorp2003 , February 10, 2012 10:32 PM
    at the end of the day. no matter how much we don't like them. its still an american company ;)  so woot?
  • 28 Hide
    panders4 , February 10, 2012 10:34 PM
    Yeah, their stock value is bloated. Even with their bloated profits from overpriced products and underpaid workers, the diluted EPS was lower than Google. People just throw their money away.
  • 29 Hide
    SoiledBottom , February 10, 2012 10:41 PM
    To show there gratitude of good fortune Apple had Foxconn remove the anti suicide nets for the necessary blood sacrifices to appease the Gods
  • -6 Hide
    joytech22 , February 10, 2012 10:45 PM
    No matter how much people hate Apple for whatever reasons, nobody can deny they are doing pretty darn good for themselves...

    I think I speak for everyone here when I say I would be happy with 0.01% of what Apple is worth.
  • 7 Hide
    alidan , February 10, 2012 10:50 PM
    wow... all apple makes is a phone and a tablet right? their pc department is so pathetic it almost went out of existence at one point... right... o yea they are technically a game publisher, and music distrubiter and make 30 cents a song about...

    yea, i can see apple being woth that much considering why many devices are out there and they all make proffit, and they sell music an that makes more profit, and all that other crap.
  • 21 Hide
    xerroz , February 10, 2012 10:54 PM
    And is more useless than either of those by a factor of over 10
  • 17 Hide
    ajay_vishvanathan , February 10, 2012 10:55 PM
    Apple > Google + M$
    is it at suing others in various courts?? o.O
  • 23 Hide
    Pinhedd , February 10, 2012 11:20 PM
    Microsoft's market cap reached nearly 600 billion in the year 2000
  • 3 Hide
    whimseh , February 10, 2012 11:34 PM
    alidanwow... all apple makes is a phone and a tablet right? their pc department is so pathetic it almost went out of existence at one point... right... o yea they are technically a game publisher, and music distrubiter and make 30 cents a song about... yea, i can see apple being woth that much considering why many devices are out there and they all make proffit, and they sell music an that makes more profit, and all that other crap.


    This is about market shares, not their products. Lol.
  • 0 Hide
    TEAMSWITCHER , February 10, 2012 11:34 PM
    I can't see them slowing down any time soon. There is simply no single company that has anything that can stop them. Microsoft's Windows 8 is simply too late and will cost too much, corporate America is going to pass on Windows tablets. Samsung has the best chance, but doesn't make any of the software they put on their devices, it's the opposite problem that Microsoft has. Google's Android was doing well until the iPhone came to Sprint, now the boring iPhone 4S is the number one selling Smart phone. What's gonna happen when they ship the iPhone 5? It's gonna be crazy!! Developers are buying Macs by the metric $H^#-ton to produce a new wave of mobile apps for the iPad.

    I think that Apple is at the beginning of a Dynasty that will last at least as long as the Microsoft dynasty that preceded it. I'll have to keep reading all silly posts on this site, it's gonna be fun.
  • 12 Hide
    JohnnyLucky , February 10, 2012 11:36 PM
    If I understood the article correctly it is about the value of Apple stock. I wonder what Apple's actual gross and net revenue was for 2011.

    Never mind! Google is my friend:

    "For the 2011 fiscal year, Apple reported revenue of $108.25 billion and net profit of $25.92 billion"
  • 22 Hide
    viktorbkk , February 10, 2012 11:42 PM
    dgingeriJust proves how much they're cheating their producers' employees and their customers. You'd think they'd be able to pay their production employees (you know, the ones that work for Foxconn) a bit more than $3.00/hr, or at least give them decent living quarters.


    It would be great if Foxconn employes got $3.00/hr. What they actually get is more like 4-6 bucks per day. And you know they don't just work 8 hours...
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