"The S&P 500 is float-adjusted and doesn't use the full market basis for Microsoft.
What that means is that it doesn’t include all the shares Microsoft holds purely for strategy purposes, as opposed to those openly traded.
Microsoft took umbrage at the report, saying that based on all 8.764 billion shares outstanding, which they valued at $US30 a share, their market cap would be $US262 billion."
http://www.news.com.au/technology/microsoft-cries-foul-as-sp-500-lists-apple-as-new-tech-frontrunner/story-e6frfro0-1225857293121
I Wear Pants
Senior Member
I
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posts
I
I Wear Pants
Senior Member
16,223
posts
Thu, May 6, 2010 2:53 AM
May 6, 2010 2:53 AM
May 6, 2010 2:53am

