Wednesday, July 27, 2011

MC2 Post 1091 Apple Eyes The Next Tech Prize: HP’s Revenue Crown


Chasing HP's Revenue Crown

Both IBM and HP have towered over Apple in this category. IBM’s last fiscal year saw them report $99.87 billion in revenue. Meanwhile, HP reported an astounding $126 billion. Apple? They reported roughly $65 billion. Yes, HP was still nearly double Apple in revenue.

Apple’s stock closed above $400 a share for the first time. This has pushed their market cap up to roughly $375 billion, making my prediction that they have a shot at catching Exxon to become the most valuable public company in the world this fall, look pretty good (they’re now “just” $45 billion away).

166 Characters of Whoa.


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