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.
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