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Apple Inc. Message Board

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  • theangrycrab theangrycrab Apr 25, 2010 4:21 AM Flag

    Apple Market Cap is bigger than Berkshire Hathaway or IBM

    "It's a good momentum play, but at some point, you have to question yourself, "Is Apple really worth more than Walmart? Does it make sense that it comes second to Exxon Mobil in terms of Market Cap?"

    Depends. AAPL is drilling for money, Exxon drills for oil.

    Every dollar Exxon makes, someone says "dam thieves, bending us over and charging to much, I have to bend over and take it and cant do anything about it"

    Every dollar AAPL makes, someone is saying "Wow, look at that thing that is 10x the price of the freely available competition. What do you mean, I can't buy two, I am getting bent over here."

    But sure buy all three. People will put Exxon gas in their car to go to WalMart and buy APPL products.

    I'll worry about competition when Droid puts out a phone and
    releases a development kit that runs vb.net

 
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