Archive for June 5th, 2010

Its not a given that bigger is better. Let´s see how Apple cope with being no. 1. Here is a article from SF Gate.

“When Apple Computer Inc. overtook Microsoft Corp. in terms of market cap last week, it quickly became known, in press parlance, as the “500-pound gorilla of the technology world.”

So, what would you call the Cupertino company now that it’s the world’s third-largest company by market cap? Maybe not King Kong or Godzilla – those would be reserved for the world’s top two, PetroChina Co. Ltd. and ExxonMobil Corp. – but how about Mothra or Rodan?

When the Financial Times put out its annual list of the world’s 500 biggest companies by market cap last week, Apple was actually ranked No. 5, up 28 places from 2009, as of March 31. Since then it jumped over Microsoft and the Industrial & Commercial Bank of China and is holding on to that spot with a valuation of $263 billion at Thursday’s closing bell.

Steve Jobs swears otherwise, but, given the hubris the heroic CEO occasionally exhibits, could world domination be in the cards?”

Read more here.

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