It’s being noticed that Apple’s (AAPL) market cap has shot up to the stratosphere, and suggested by some that it’s Only A Matter Of Time Until Apple’s Market Cap Is Bigger Than Microsoft I say don’t hold your breath for it to get — or stay — there. Paul Kedrosky wrote yesterday about Apple, Wal-mart, and the “Market Capitalization Bigger Than” Thing, concluding “When we press our noses against the market glass and ‘oooh’ and ‘aaah’ at a company’s market capitalization exceeding something it shouldn’t … let’s just say bad things tend to happen. Eventually.”
I agree — just take a look at the context he gives it. Do you really think that Apple is worth over $200 Billion today?