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 TMO Headlines - Updated October 27th

Thu, 10:25 AM
Apple Retail Stores Set Stanchions Overnight, Hints at New Product Availability Today
Thu, 9:47 AM
Apple Store Offline Ahead of 'hello again' Media Event
Thu, 9:00 AM
Rotating Car Phone Stand: $13.99
Wed, 5:22 PM
Duet Display Update Turns Your iPad Pro into a Real Mac Graphics Tablet
Wed, 4:41 PM
Apple Delays AirPods, Won't Ship in October
Wed, 2:54 PM
Microsoft Just Announced the iPad I Always Wanted - Surface Studio
Wed, 1:54 PM
TMO Daily Observations 2016-10-26: AAPl Q4 Earnings, Microsoft's Surface Studio
Wed, 12:32 PM
Who Wants to Be a Mac Dictator?
Wed, 11:59 AM
Apple's 'hello again' Event to Include Apple TV Content Discovery App
Wed, 10:44 AM
How to Add a Physical Escape Key to the New MacBook Pro
Wed, 9:19 AM
iOS 10.1: Turning Off Duplicate Portrait Mode Images
Wed, 9:00 AM
Martian Notifier Smartwatch: $29.99
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!