February 11, 2012
Apple’s been having a great week in the stock market and is now hovering at $495 per share as of noon Friday. The rally on the market also gave the Cupertino, Calif.-based company some additional bragging rights: As of Thursday morning, Apple’s market cap was bigger than the values of Google and Microsoft combined.
You read that right. Apple’s market cap is around $462 billion as of mid-Friday. Microsoft’s is about $257 billion and Google’s weighs in at about $197 billion.
Tech bloggers have been coming up with all kinds of statistics to put Apple’s market cap in context. Fortune’s Philip Elmer-Dewitt pointed out that Apple’s now worth more than the gross domestic product of Sweden, which is $458 billion.
Other examples from the Tumblr account “Things Apple is worth more than” include:
— Retail sales of electricity in the United States, $350 billion
This article was posted: Saturday, February 11, 2012 at 12:32 pm