Apple stock v. gravity: guess who’s winning
THE (PARA) GRAPH
Thanks to Howard Silverblatt of Standard and Poor’s, here’s a visual look at Apple’s stock dominance. It’s a little grainy, but Apple’s market value is the purple line, the umm… hockey stick. As you can see, Apple first nosed ahead of GE, then Microsoft, then ExxonMobil. And look where it is now. Adjusted for inflation, Silverblatt notes Apple still lags the market value of pre-burst Microsoft in 1999. By his numbers, Apple stock would have to rise 37 percent to top that.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?