Microsoft is now the most valuable company in the world

[zed]

Not really. One year of profit can be very misleading.

Less so than marketcaps
Look at all those huge tech companies circa 2000, worth more than ford etc even though they werent actually making any money. Where are the majority of them today, hell where were the majority of them 2 years later
Sure profits are also violatile but I would argue much less so

 

[AlphaWolf]

Market caps are product of investor confidence. Profit will play into that number.

Profit shows you only the balance sheet, not how it got there, company A might be heavily reinvesting in its future while company B just sold off a piece.

 

[Silent_Buddha]

Less so than marketcaps
Look at all those huge tech companies circa 2000, worth more than ford etc even though they werent actually making any money. Where are the majority of them today, hell where were the majority of them 2 years later
Sure profits are also violatile but I would argue much less so

1 General Electric United States Conglomerate 477,406
2 Cisco Systems United States Networking hardware 304,699
3 Exxon Mobil United States Oil and gas 286,367
4 Pfizer United States Health care 263,996
5 Microsoft United States Software industry 258,436
6 Wal-Mart United States Retail 250,955
7 Citigroup United States Banking 250,143
8 Vodafone United Kingdom Telecommunications 227,175
9 Intel Corporation United States Computer hardware 227,048
10 Royal Dutch Shell The Netherlands Oil and gas 206,340

Top 10 by market cap. in 2000. Most are still around even if they are not in the top 10 anymore.

Regards,
SB

 

[zed]

saw this today
Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits.
https://www.bbc.com/news/business-48050105

 

[Cyan]

saw this today
Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits.
https://www.bbc.com/news/business-48050105

a strong year then... nowadays it costs more than Exxon Mobil, Visa, Advanced Auto parts, Stanley Black and Decker and Dollar Tree combined. It costs more than Turkey's gross domestic product and twice that of Belgium's.