Quote:
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In the case of Apple, slightly over 900 million shares outstanding times over $250 per share yields a market capitalization of about $228 billion. Microsoft, meanwhile, has a share price of only slightly over $26.00 but over 8.75 billion shares outstanding, giving it a nearly equal market capitalization to Apple.
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http://www.macrumors.com/2010/05/26/...capitalization
Can they catch Exxon, though?
And, as an aside, are Apple stocks even worth tracking anymore? I mean, at over $250/share, who can realistically afford to buy enough of them to really capitalize on any gains moving forward?
Edit: The bit about Apple having 900 million shares @ $250/per vs. MS having 8.75 billion shares @ $26.50/per cracks me up for some reason.
Add: Also, I imagine MS stock will start trending back up a bit when Office 2010 launches. I'm fairly impressed with it, myself.