Updating relative market capitalisations in this old Feb 2003 post with [Current value $bn]. What prompted my curiosity was Nokia's revaluation downwards in a big jump. Nokia is now not all that far ahead of QUALCOMM. A few of the biggies have gained, but not proportionately as much as QUALCOMM.
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Motorola $18 billion [$42bn]. QUALCOMM $29 billion [$55bn].
7 October 2002 QUALCOMM achieved parity with Motorola.
Now, only 4 months later, QCOM is $10bn bigger. That's 50% more. At $27bn [$50bn], Texas Instruments has fallen behind [after TXN being $25bn vs QCOM $23bn in October].
Nokia hanging in there at $67bn [$82bn] but just over double QCOM instead of being nearly 3x QCOM in October.
Siemens is now only $35bn [$67bn], so the gap has closed a long way there.
Sony $36bn [$39bn] is in sight too.
What was once upon a mighty AT&T is now only $14bn [$16bn].
Ebay is doing nicely at $23bn [$48bn].
Whooops, the 20th century dwindles; General Motors $20bn [$27bn]
Ford only $16bn [$26bn].
QCOM is now hunting big game:
J P Morgan $46bn, [$85bn]
Nokia $67bn,[$82bn]
Cisco $95bn, [$169bn]
Intel $103bn, [$184bn]
Verizon $105bn, [$104bn]
IBM $130bn, [$159bn]
Citigroup $170bn, [$269bn]
GE $229bn, [$321bn]
Microsoft $259bn. [$278bn]
QCOM has pulled clear of the herd of has-beens [Sun, Ericy, Lucent, Nortel, Wcom, Nextel, etc, etc, etc...].
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QUALCOMM is now definitely in the big league having overtaken all but Nokia, Verizon/Vodafone and a few others in the telecommunications sphere.
Mqurice |
