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Total entries in this category: Published On: Jan 05, 2006 12:37 PM |
Apple About to Pass Dell: Market Cap MeasurementApple 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. 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: Thu - January 5, 2006 at 12:37 PM |
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