Apple About to Pass Dell: Market Cap Measurement
Apple About to Pass Dell: Market Cap Measurement
At @$75 a share with about 843 million shares outstanding, Apple Computer is worth about $63.2 BILLION.
At @$31 a share with about 2,34 billion shares oustanding, Dell is worth about $72.5 BILLION.
Since Dell has traded in the $29 to $33 range in the last 2-3 months and with most analysts listing Dell as DOWNGRADE , it’s pretty safe to presume there will not be intense movement outside of that range in the next few weeks.
Depending on how exciting Apple’s MacWorld Expo’s announcements …
If Apple hits $87 to $88, it will pass Dell in market cap if Dell continues to trade at @$31.
If Dell trades at the lower end of @$29, Apple trading at @$81 can pass up Dell in market cap also.
Guess it’s time for someone to whip up a widget ;-)
BTW, Gateway’s market cap is @$1 BILLION, HP @$85 BILLION and MS at around $288 BILLION …
posted by Metro at 12:36 PM
5 Comments:
Gateway's is that high? ;)
1:19 PM
Micheal Dell should dissolve the company and return the assets to the investors.
1:22 PM
Perhaps Dell should liquidate the company and give the money back to the shareholders...
2:27 PM
well it looks like it is time for a Dell Funeral
4:12 PM
Why is gateway's market cap only 1/73'd of Dell's, but you still see gateway computers all the time? Because this number has little to do with computers but includes all the profit making activities these companies do. Selling ipods, dell music players, service contracts...
10:02 AM
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