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Thursday, July 21, 2011

Market cap moment 


When will Apple Computer be worth more than ExxonMobil?

Both companies are astonishing monuments to human imagination and enterprise.


3 Comments:

By Anonymous Ignoramus, at Fri Jul 22, 11:29:00 AM:

"When will Apple Computer be worth more than ExxonMobil?"

Don't know. Like comparing an apple to an orange.
Apple's success is off the charts, and was unforeseeable even a decade ago. Which is an argument against central planning.
Together XOM and AAPL have a total market cap of about $800 billion. Were they expropriated, that'd cover about six months of USA deficits at our current run rate.  

By Anonymous SouthernRoots, at Fri Jul 22, 02:45:00 PM:

Would they be this big if their profit margins were as small as Exxon-Mobile's?  

By Blogger rain2028, at Fri Jul 29, 09:05:00 PM:

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