On December 10, 1999, Apple Computers' stock was valued at $615 billion; Microsoft's stock was valued in that quarter at $271 billion. How much more value is Apple's stock at its peak over Microsoft?
Apple's stock was valued at $615 billion while Microsoft's stock was valued at $271 billion. To find out how much more value Apple's stock had at its peak over Microsoft, we subtract Microsoft's stock value from Apple's stock value:
$615 billion - $271 billion = $344 billion
Apple's stock was valued at $344 billion more than Microsoft's stock at its peak.
To find out how much more value Apple's stock was at its peak over Microsoft's, we need to calculate the difference between their respective valuations.
1. Subtract the value of Microsoft's stock from the value of Apple's stock:
Apple's stock value = $615 billion
Microsoft's stock value = $271 billion
Difference = Apple's stock value - Microsoft's stock value
2. Calculate the difference:
Difference = $615 billion - $271 billion
3. Perform the subtraction:
Difference = $344 billion
Therefore, Apple's stock value at its peak was $344 billion more than Microsoft's.
To calculate the difference in value between Apple's stock at its peak and Microsoft's stock, you subtract the value of Microsoft's stock from the value of Apple's stock.
Apple's stock value at its peak: $615 billion
Microsoft's stock value: $271 billion
Difference = Apple's stock value at its peak - Microsoft's stock value
Difference = $615 billion - $271 billion
The difference in value between Apple's stock at its peak and Microsoft's stock is $344 billion.