Only three months have passed since Apple overtook Wal-Mart as the third largest corporation in the U.S. in terms of market capitalization. Yesterday, Apple surpassed Microsoft to become the second largest corporation in the U.S only behind Exxon-Mobile. Now, market capitalization is used to determine a company’s worth as perceived by the pubic. Simply multiply […]
" />

Apple Now Larger Than Microsoft, Second Largest Company in U.S. by Market Cap

Only three months have passed since Apple overtook Wal-Mart as the third largest corporation in the U.S. in terms of market capitalization. Yesterday, Apple surpassed Microsoft to become the second largest corporation in the U.S only behind Exxon-Mobile.

Now, market capitalization is used to determine a company’s worth as perceived by the pubic. Simply multiply the number of outstanding shares in the market, by the current selling price. Right now, Apple has around 900 million shares outstanding. Now multiply that number by $250 and you get $228 Billion. Microsoft on the other hand has 8.75 billion shares outstanding at $26.00 each, so they have a market cap around the same as Apple’s. I suspect it will be some time before Apple overtakes Exxon-Mobile’s market cap of an astounding $282 billion.

Continue reading:

TAGS: