John Paczkowski

Recent Posts by John Paczkowski

Apple Nearing Wal-Mart’s Market Cap

Apple’s shares have been on a tear following the announcement of the iPad, and with the device nearing its market debut, they’re rising to new heights. As I write this, they’re trading at $229.45, a fresh 52-week high and a new all-time high as well.

Apple today has a market cap of $207.99 billion. That means it ranks fourth on a list of the Top Five publicly traded U.S. companies–just below Wal-Mart.

That’s right: Just below Wal-Mart.

  1. Exxon Mobil (XOM): 315.05 billion
  2. Microsoft (MSFT): 261.71 billion
  3. Wal-Mart (WMT): 212.19 billion
  4. Apple (AAPL): 207.99 billion
  5. Berkshire Hathaway (BRKA): 202.54 billion

An astonishing turnaround for a company whose market cap bottomed out at $630.9 million back in 1982.

Incidentally, at 207.99 billion, Apple’s market cap is more than seven times that of Dell’s (DELL) 29.44 billion, which is pretty funny considering Michael Dell’s proposed solution to Apple’s late-’90s woes

UPDATE: As a commenter below notes, Apple actually surpassed Wal-Mart’s market cap briefly a few weeks back.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus