Please clarify something; first Apple is going to be the ‘most valuable company in the the world’. Then its ‘the most valuable tech company in the world’.
Next its stop comparing Apple to Google and Microsoft as they don’t compete in the same markets. Apple is a hardware company and all that.
Now suddenly Apple competes with Google and Microsoft.
Can you please keep your stories straight?
My stories have been straight all along. My minor is in Economics. My major is in Business Administration with a concentration in Finance. I understand exactly what I am stating. You and PugetSoundSoldier were or are obfuscating the issues all over the place.
What is so hard to understand. driftdiver. Right now, by Market Capitalization... the number of outstanding shares times the current market value per share, these are facts:
You can compare companies all you want... but you have to know WHAT about those companies you are comparing. Economists spend a lot of time paring things down to make sure they are comparing LIKE to LIKE. Simply taking the aggregate net profit margins after taxes of companies and comparing them is useless to make any comparative judgment about them. That's why I asked Puget what XOM's net Profit Margin was... and it was lowest of all of them we were discussing... yet XOM is the Number ONE most valuable company in the world, with a margin less than half Apple's margin that Puget was criticizing as a reason that Apple should not be able to become the most valuable company in the world. Puget was making it seem that the level of profit margin must be very important in making a judgment as to which should be most valuable. It just simply is not.
As to Apple competing with Google and Microsoft: Reread what I explained in a previous post. I am not going to repeat it. It is a very good primer on WHY you can't simply claim they are in the same industry or market and compare aggregate profits and margins or anything about the companies as a whole. EACH segment has to be extracted and compared separately... To do otherwise is simply wrong. That is what PugetSoundSoldier and you are doing.
Asking ME to keep MY stories straight is trying to make people think I am the ignorant one. I could teach both Finance and Economics. You can't.
How about you LEARN something before you foam at the mouth and accuse those of us who KNOW what we are talking about that WE "should keep OUR stories straight."