Apple's Market Cap: $157 Billion, Passes Google, Trounces Dell

A small rundown of market capitalizations for prominent hi-tech companies was posted over at MacRumors, showing Apple edging out Google with $157 billion (compared to Google's $156 billion).

• Microsoft (MSFT) - $255,648,204,000
• IBM (IBM) - $169,964,678,000
• Apple (AAPL) - $157,012,662,240
• Google (GOOG) - $156,392,862,560
• Cisco (CSCO) - $142,125,692,160
• Intel (INTC) - $135,658,860,000
• Hewlett-Packard (HPQ) - $111,866,423,760
• Nokia (NOK) - $97,746,699,520
• Research In Motion (RIMM) - $71,143,935,000
• Disney (DIS) - $59,257,501,500
• Dell (DELL) - $50,483,256,060

For those of you needing a brush-up in finance lingo, market capitalization is equal to the total number of outstanding shares multiplied by the current share price, and is used as a financial representation of a company's size. Arn at MacRumors revives a famous quote from Michael Dell in 1997, when asked how he'd fix the then flailing Apple: ""What would I do? I'd shut it down and give the money back to the shareholders." Apple's capitalization surpassed Dell's in early 2006 ($72.13 billion versus $71.97 billion), whereupon Steve Jobs sent out an email to all Apple employees:

Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.

While Apple's market cap has since caught fire, Dell rounds out the list above with a decreased cap of $50 billion.

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