Value disconnect: Facebook, Exxon, Google, Microsoft, Apple
Apple, with a market cap hovering around $800 billion, is the most valuable company. Its stock? Not so much. Exhibit 1: Three years of market caps, with Apple…
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]
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