Apple is now worth more than $100 Billion, Joins S&P

Apple’s market cap has recently passed $100 billion as of late yesterday. To put it in comparison, Dell is at $59.4 billion, and the heavy weight Microsoft at $294.94 billion. However Dell is mainly based in corporate and consumer hardware, and Microsoft is in such a large range of areas making it impossible to compare fairly.

Reuters reports that Apple as a result of bullish forecasts has joined the S&P 100 as of market close, May 31st. For those who are unfamiliar with the S&P 100, it is a subset of the S&P 500 and is comprised of “100 leading U.S. stocks with exchange-listed options” that represent “about 57% of the market capitalization of the S&P 500 and almost 45% of the market capitalization of the U.S. equity markets.” (Wikipedia)