Saturday, February 18, 2012

One RIM Every Two Days

Apple reported its Q4 2011 earnings after the market closed on January 24th. Since then, there have been 18 trading days, and Apple’s market cap has increased by $76.2 billion, from $392 billion to $468.2 billion. That’s a rate of $4.2 billion per day.

According to WolframAlpha, RIM had an average market cap of $8.3 billion during the same 18-day trading period.

For more than three weeks of trading, Apple’s market cap increased at a rate of one RIM every two days.

Thursday, February 16, 2012 Wednesday, February 15, 2012 Saturday, February 11, 2012 Monday, January 30, 2012