Apple Is Not The Most Valuable Company In The History Of The World

Re:Apple Is Not The Most Valuable Company In The History Of ... by jcampbell1 on Tuesday August 21, 2012 @03:00AM (#4411478)

The article has wrong facts. The columbia journalism review author double counted inflation. The NYTimes piece he cites has already adjusted for inflation in the 1967 IBM Market cap.

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Re:Apple Is Not The Most Valuable Company In The History Of ... by uvdiv on Tuesday August 21, 2012 @04:36AM (#4411733)

True:

CORRECTION: Let me rap myself on the knuckles here for the above update, which was flat incorrect. As commenter JD points out, IBM’s 1967 market cap was not $1.3 trillion in real dollars, it was $192.3 billion. The NYT’s data was already adjusted for inflation.

http://www.cjr.org/the_audit/misleading_and_incomplete_cove....

Or, $28 billion nominal.

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Re:Apple Is Not The Most Valuable Company In The History Of ... by rauljara on Tuesday August 21, 2012 @06:11AM (#4412028)

This is by far the most important comment on the page. Very frustrating that, when I read it, it was nowhere near the top.

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Re:Apple Is Not The Most Valuable Company In The History Of ... by giorgiofontana on Tuesday August 21, 2012 @08:05AM (#4412295)

I totally agree.

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Re:Apple Is Not The Most Valuable Company In The History Of ... by Bro_Merch on Tuesday August 21, 2012 @09:23AM (#4412559)

Agreed

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