AAPL market cap now fourth largest in US
When the markets closed last Friday, Apple’s stock price was up over 8 points, finishing the day at $218.95 a share – the highest share price in Apple’s entire history.
For investors, fueled by favorable news from financial analysts, and a quiet, almost serene shareholder’s meeting – Friday became a rallying point for Apple. News that the long-awaited iPad would ship the beginning of April, and soaring iPhone sales also bouyed the uptick.
But deeper analysis shows ‘the rest of the story’ behind Apple’s fortunes.
The meteoric rise of Apple’s share price now puts Apple’s market cap at just under $200 billion, making it the fourth largest publicly traded company in the US behind Exxon Mobil, Microsoft, and Wal-Mart.
Apple is the only company in the monied elite that actually makes something.
If you drive a car – oil purchases are a necessity. Wal-Mart, America’s ubiquitous and oft-despised retailer resells low-end off-shore goods to folks trying to save a buck. Microsoft trades on legacy code, excuses, and onerous licensing schemes that have [thus far] entrapped most American consumers and enterprise in OS hell, with no hope of escape.
Then there’s Apple – visionary leader in hardware, technology, software, services, and support.
A company rooted not just in capitalist ideals – but the American dream of build a better product, and consumers will beat a path to your sparkling retail stores, or camp out for days awaiting your latest, industry-changing product. Apple’s manta of ‘Think Different’, and ‘it just works…’ resounds with consumers weary of cheap solutions [like Dell] that cause nothing but frustration, waste time, and end up costing more in the long run.
Apple is using its wealth, as Steve Jobs defty noted last week, to take ‘big bold, risks.’
Those risks have largely recast the way we purchase and listen to music. If the promise of the iPad is fulfilled – network television, the film industry, publishing, and newspapers may find a powerful, new force invigorating their now bleak fortunes.
Bold leaps in technology require investments in R&D, and people. They also require visionaries and leaders willing to take ‘big, bold risks’ – people like Steve Jobs – and his dedicated and talented team at Apple.
It’s easy to sit back and count imaginary profits, and second-guess true visionaries. Apple fans have fueled an online community of boosters, blasters, and rumor-mongers. They all miss the point. For those who pay close attention to Apple’s dreams and accomplishments – there are important lessons to be learned.
For the sake of our national economy – and our future – Apple is an important teacher.
For comparison, here are the Market Cap’s for a few other tech giants:
• Google – $179.41B
• IBM – $165.30B
• Hewlett-Packard – $122.69B
• Intel – $114.84B
• Amazon – $57.31B
• Nokia – $52.40
• RIM – $38.72B
• Sony – $36.47B
• Dell – $27.16B
In the interest of full-disclosure, I own as much stock as finances will allow – and have no interest in selling at any price. Like Apple, my eyes are on distant horizons.


The other day someone asked me how I got into the iPhone, which took me back to 2007 and the day this little piece of electronics completely changed my life.



I used Beejive for the longest time to instant message on my iPhone. I loved it for the most part but the app loading time was horrendous. Plus, I paid $9.99 for the app. Then came
when we are in a deep sleep cycle. So, we’re very groggy when it’s time to get up. The Sleep Cycle Alarm Clock is app designed to change that. The app will sound a soothing alarm when you’re in a light sleep cycle and then you can gradually get up. Just as a warning, sometimes your light sleep cycle could come 30 minutes before you actually want to get up. The accelerometer tracks the movement on your bed and knows if you’re in a light or deep sleep cycle. So, yes, you will have to sleep with your iPhone on your bed. And, yes, I have knocked my iPhone off my bed a couple of times. What I really like the $.99 app for is tracking how long I’m in light and deep sleep. I posted a sample of one of my night’s sleep. I have a lot of peaks and valleys. I am a light sleeper.

As my fiancee and I are a few minutes away from boarding a flight to Cambodia, I’m freaking out at the idea that I might not be able to get a data plan for my iPhone over there.










