Market Cap

Apple's $242 billion market cap surpasses Microsoft
Apple's market cap hit $242 billion Thursday, making it the second-largest company on the S&P 500 and pushing it ahead of Microsoft, which finished the day with a $239 billion market cap.
The Moscow Times reports that Microsoft representatives are convinced that comparing capitalization using the S & P 500 index is wrong because it takes into account only the shares actually participating in the auction, and does not consider the shares owned by large shareholders and inaccessible to ordinary investors.

Taking into account all shares, Microsoft is still ahead of Apple. On Friday, they were worth $271.3 billion and $246.4 billion, respectively.

This response from Microsoft shows the arrogance from Microsoft. The position of, we can never be seen as second best to anyone. This is the same disposition that Microsoft has taken toward search engine Giant Google.

Oh well, if Microsoft would actually invest in technology and made products that people actually liked, and wanted, and weren’t completely frustrated over using – meaning, a product that just worked – then Microsoft wouldn’t find itself in these types of problem

I think Mr Aggarwal is in a wishful trance.....by no stretch of imagination, or financial analysis can BCCL have a value as he states. Even the owners of BCCL did not dream beyond 1,00,000 crore at the height of the bull run of 2008. Much has happened post that, including the purchase of Virgin Radio - dud investment, washout of the profits and notional losses on the Brand Capital (Private Treaties) portfolio, sale of substantial holding in HDFC Bank to pay off the debts. It is a great money making machine...it has great assets, great brands, great investments...but as i said not beyond 100,000 Cr in the most optimistic scenario.