The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Wall Street: Apple Worth More than Google

Wall Street: Apple Worth More than Google

by , 7:30 AM EDT, August 14th, 2008

Apple Inc.'s market capitalization (market cap) surpassed Google's this week, with the company ending Wednesday with a market cap of US$158.8 billion, some $1.6 billion higher than Google's market cap of 157.2 billion. Apple's stock has been on a run since Friday rising more than $15 per share to close at $179.30.

Google's shares have also been on a heater of sorts, rising more than $25 per share to close Wednesday at $500.03 per share. For those keeping score at home, Apple's market cap is higher because it has more shares outstanding -- 885.9 million -- compared to Google's 314.4 million shares outstanding.

Market cap is the term for the value of a public company as determined by price per share multiplied by the total number of shares outstanding. For the sake of comparison, Microsoft has a market cap of $254.4 billion, while Dell Inc. has a market cap of a mere $50.8 billion. Hewlett Packard (HP) has a market cap of $112.5 billion.

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.  


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Recent Headlines - Updated February 1st

Sat,5:13 PM
Higher Res Video of China Apple Store Artists with English Subtitles
10:30 AM
iPhoneography 101: 2 iPhone Remotes You Gotta Have
Fri,5:40 PM
The Unofficial Apple Weblog Will Shut Down February 3rd
5:18 PM
Peri Duo Case for iPhone Marries Speaker, Battery, and Wi-Fi Audio
4:50 PM
Repatriation Tax Bill Holds Promise, but Faces Uphill Battle
4:32 PM
Microsoft Brings Outlook to iPhone and iPad
2:51 PM
Enter to Win a Pair of Wireless Beats Studio Headphones
1:09 PM
TMO Daily Observations 2015-01-30: Samsung’s Smartphone Numbers, Congress Wants More Corporate Cash
11:09 AM
FiftyThree’s Pencil Stylus for iPad goes Gold
9:48 AM
How to Enable the iTunes Notification Center Widget in OS X Yosemite
9:05 AM
iTunes gets OS X Yosemite Notification Widget
Thu,6:59 PM
Apple Tied Samsung for Global Smartphone Units in Q4
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!