On Tue, Aug 21, 2012 at 12:56 PM, Gene Crucean <emailgeneonthel...@gmail.com> wrote: >> "They're mac users after all." > > > You know you are talking down to just about everybody these days right? > Apple was just reported as the worlds most valuable company. > http://www.usatoday.com/money/industries/technology/story/2012-08-20/apple-most-valuable-company/57161260/1 > (check the dates on that too. MS hasn't been at that valuation since > 1999!!!)
As you know there is no link between the valuation on the gambling market that is the stock market, and the actual results of a company. Microsoft has sold more than 650 million licenses of Windows 7 in three years, but the stock is cheap because it doesn't attract gamblers. But if we want to play that game, adjusted for inflation MS was at $853.7 billion in 1999. that number doesn't compare to apple's $623.5 billion valuation today, it went much higher. And meaninglessly so, because that's just a measure how much traders think other traders will buy the stock for. http://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest-idea-in-the-world/
