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 hollerith on Tuesday August 21, 2012 @03:09AM (#4411507)

Am curious why someone downvoted this.

[ Parent | on HN ]

Re:Apple Is Not The Most Valuable Company In The History Of ... by microtherion on Tuesday August 21, 2012 @12:07PM (#4413315)

I didn't downvote it, but the calculation appears wrong: the $852.7B are nominal 1967 GDP; in 2012 dollars, this would correspond to more than $4T, so IBM was less than 5% of GDP even back then.

[ Parent | on HN ]

Re:Apple Is Not The Most Valuable Company In The History Of ... by huxley on Tuesday August 21, 2012 @09:36AM (#4412598)

It's because the linked article double counted inflation: "IBM’s 1967 market cap was not $1.3 trillion in real dollars, it was $192.3 billion"

[ Parent | on HN ]

Re:Apple Is Not The Most Valuable Company In The History Of ... by hollerith on Tuesday August 21, 2012 @10:16AM (#4412775)

Then why not downvote the dozens of other comments that missed the double count?

[ Parent | on HN ]