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Apple Becomes Most Valuable Publicly-Traded Stock Ever


 Apple Becomes Most Valuable Publicly-Traded Stock Ever
By eNcrypTioN - 08-20-2012, 02:16 PM - Boxden > BX Tech


Milestones for Apple's stock are falling rapidly in recent days, with another strong performance today pushing Apple past Microsoft for the title of most valuable publicly-trade stock ever, a distinction Microsoft has held since December 1999.

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Microsoft's market capitalization peaked on December 30, 1999, reaching an intraday high of $119.94 per share. With Microsoft having documented 5,160,024,593 outstanding shares as of October 31, 1999 in its quarterly earnings report, the company would have had a market capitalization of $618.89 billion on December 30.

Apple's most recent quarterly filing listed 937,406,000 outstanding shares as of July 13, 2012, and with the company's stock price hitting $660.73 today, its market capitalization reached $619.37 billion.

While Apple now holds the all-time market capitalization record in terms of raw numbers, accounting for inflation would still allow Microsoft to retain the title by a fairly wide margin. In inflation-adjusted terms, Microsoft's $618.89 market capitalization in December 1999 would be equivalent to roughly $842.5 billion in today's dollars.

Apple's market capitalization title is also subject to several other caveats, perhaps most notably being PetroChina's trillion dollar market cap it achieved when it launched for trading on the Shanghai stock exchange in 2007. That figure comes with its own qualifications, however, as PetroChina is a government-dominated firm that saw only 2% of its shares being made available on the Shanghai exchange. Trading in PetroChina shares on the Hong Kong exchange and American depositary receipts on the New York Stock Exchange never supported the trillion dollar valuation the company received on the Shanghai exchange.

Source: Apple Becomes Most Valuable Publicly-Traded Stock Ever - Mac Rumors


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13 comments for "Apple Becomes Most Valuable Publicly-Traded Stock Ever"


 08-20-2012, 02:36 PMonline - #2
PTC
[pic][pic] [pic]
 08-20-2012, 02:45 PMaway - #3
BrookLynnStiles
A tenant in the building I work for brought $500,000 of AAPL stock in 1999. She's rich as !!.
 08-20-2012, 02:59 PMaway - #4
cincityvet89
SHE SINGLE [pic]
 08-20-2012, 03:07 PMaway - #5
dj X
Originally Posted by cincityvet89
SHE SINGLE [pic]
[pic]
 08-20-2012, 08:48 PMaway - #6
UrbanGAAWD
In inflation-adjusted terms, Microsoft's $618.89 market capitalization in December 1999 would be equivalent to roughly $842.5 billion in today's dollars.

So we are just gonna ignore this entire line? Microsoft still WON

however I'm not a sheep but they will do big numbers with the iPhone 5, iTV(Apple TV full screen set) and the iPad Mini or Nano that they are rumor to be making....

Still tho.....!! APPLE lol
 08-20-2012, 09:21 PMaway - #7
Boo The Fool
i still wish one of the older heads in my family invested in Microsoft stock before windows 95...i could've been a spoiled rotten mutha!!a.... [pic]
 08-20-2012, 09:28 PMaway - #8
Boo The Fool
Originally Posted by BrookLynnStiles
A tenant in the building I work for brought $500,000 of AAPL stock in 1999. She's rich as !!.
$13 a share for 1 stock in 1999.500k would buy 38,461 shares. today, worth approx 25.5m [pic]

Last edited by Boo The Fool; 08-20-2012 at 09:31 PM..
 08-20-2012, 09:57 PMaway - #9
invaderchin
Originally Posted by Boo The Fool
$13 a share for 1 stock in 1999.500k would buy 38,461 shares. today, worth approx 25.5m [pic]
lets riide on this !!

[pic]
 08-20-2012, 10:07 PMaway - #10
Boo The Fool
Originally Posted by invaderchin
lets riide on this !!

[pic]
time to hit a lick....[pic]
 08-20-2012, 10:09 PMaway - #11
TheMagicMan|M
thanks for the money Apple [pic]
 08-20-2012, 10:20 PMaway - #12
WADECOUNTY
[pic] gonna hit 700 by end of the year [pic]
 08-20-2012, 11:48 PMaway - #13
Boo The Fool
Originally Posted by WADECOUNTY
[pic] gonna hit 700 by end of the year [pic]
gunna hit 1000 by 2015 [pic]
 08-21-2012, 12:04 AMaway - #14
killawee
Iphone 5 will be fully integrated with facebook, so with that being said....

[pic]
 
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