Via: John Gruber’s DaringFireball
Source: the incomparable Horace Dediu’s Twitter (and his so-brilliant-it’s-scary site, Asymco)
As Gruber says, “Bookmark this chart for the next time someone tries to tell you that Apple’s success is just ‘marketing’.”
Remember when AAPL passed MSFT?
Remember when GOOG passed MSFT?
Remember when IBM passed MSFT for awhile?
Market Caps as of September 7, 2013:
- Microsoft: $259,490,000,000
- Samsung: $202,874,184,480
- IBM: $200,5000,000,000
More telling, of course, is their stock. Here are 10-year charts:
Two excellent links at DaringFireball today:
Jeff Bezos’ Strategy with Amazon
I have written about this many times. MG Siegler makes solid, useful points.
McDonald’s Suggested Budget for Employees Shows Just How Impossible It Is to Get by on Minimum Wage
Is it sad, or scary? Or both?
The only way to view Apple’s current stock price is: suspicious.
A couple points:
- Apple’s P/E is too low or other company’s P/Es are too high. Fact.
- Telecos (AT&T and Verizon) have huge debt.
- Apple’s net income is greater than all the other sixteen company’s… COMBINED. Boom.
- Are Samsung’s numbers correct? I converted them from won (₩) and am not sure if they came out right. If they are correct, then Samsung’s P/E is very low, especially considering their EPS.
- Apple’s rare, impossible Cash and Debt are due to: rare, impossible vision and discipline.
As of: June 26, 2013
** [not on US exchanges]