Apple weighting lowered in Nasdaq-100; Microsoft, Google raised

By on Apr 5, 2011 at 8:46 AM
Business April 5, 2011

NASDAQ on Tuesday announced that it will adjust the weighing of several companies in the NASDAQ-100 index to better reflect their market capitalizations. The NASDAQ-100 index is comprised of the 100 biggest non-financial stocks on the NASDAQ exchange. The adjustment, which will take place on May 2nd, is the first of its kind since 1998. Apple will take the biggest hit as its weighting will be adjusted down from 20.46% of the the index to 12.33%. The Cupertino-based company’s representation on the NASDAQ-100 is currently six times that of the No. 2 company, Microsoft, which will see its weight doubled on May 2nd. A total of 82 stocks will be adjusted downward while 18 companies including Microsoft, Google, Intel, Cisco and Oracle will get larger shares.

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  • http://www.techno-update.com techno-update

    Alright Google will get a larger share!

  • Anonymous

    And thus begins the downward slide of the financials of Apple, to coincide with their 3rd place market share position…

    • Dario69

      Does anyone actually read these articles? It was an adjustment because their original weight was just disproportionate compared to others like Microsoft. Even fans of Apple couldn’t argue over this one. Their weight is still higher than Microsoft and much higher than Cisco. Yeah, the downward slide has just begun. Keep dreaming.

      • http://www.facebook.com/people/Edmond-Chou/598254704 Edmond Chou

        Every fund which tracks the NASDAQ-100 will need to reduce holding to match the new weighting of apple share. Of course this doesn’t mean Apple will go up overtime if they continue to perform well as a company.

    • Anonymous

      Yeah, good point. I mean, if we look just at the iPhone, they’re in 3rd place in terms of market share. Sure, they get $625 per iPhone while Motorola (as an example) gets $225 per Droid, and iOS as a whole still outsells Android as a whole, and the Xoom is a disaster, but let’s just compare “smartphones” and only look at market share so we can make it look like Android has actually accomplished something. What have they accomplished you ask? Well the 200+ Android devices now “outsell” the iPhone. With a $400 difference in ASPs, perhaps we should be saying that Android vendors are now giving away more Android devices than Apple sells iPhones.

  • http://www.droiddoes.com/ Norm

    Finally. some bad news for apple to help wash out that consumer reports nonsense out of my mouth. Apple you FAIL!!

    • Anonymous

      That report was “Paid For and Endorsed” by crApple and is biased and incomplete.

    • Dario69

      Oh yeah, and that Xoom is really rocking the industry. So much better competition in the market. I think Consumer Reports has been dead on with both their iPhone4 ‘do not buy’ and now this. So when they hate on Apple Consumer Reports is great but when they say something good about an Apple product it is nonsense? You sound like a politician.

      • Bullet Tooth Tony

        Not to be an apologist here, but you’re doing exactly what he did, only in reverse… case in point: the G1 didn’t exactly rock the industry either… but we see how well Android turned out for phones now, haven’t we? The Xoom is nothing more than Google’s tablet version of the G1… a first of many. The G1 was originally forecast to sell 1 million in 3 months… it took 9 to crack that figure in reality. Can we safely assume, then, that the first product of each type sells less than their successors; and perhaps expectations were overblown? Maybe we need to let the jury stay out on this one for, I dunno, a year? Just like the time gap between the G1 and the Droid…

      • Bullet Tooth Tony

        That doesn’t sound right in the first sentence to what I’m trying to convey… but whatever, I’ll live with it. Not going to backtrack, I’ll just state, poorly worded – overall tone sucks…

      • http://pulse.yahoo.com/_BHMB52ZFMATI5KS7D4JT6UU7NA Eric W

        He’s not doing exactly the same. He points out what Norm is doing, and gives and example. Dario69 didn’t side with anything. He just gave the one side that points out the flaw in Norms logic.

      • Bullet Tooth Tony

        @Eric – precisely why I made my second post. I’m at fault for not proof-reading before posting, so as I said… poorly worded, overall tone sucks. And I’ll take my lumps for not proof-reading… I deserve it in this case.

  • Anonymous

    It’s the beginning of the END for crApple and mAxiPad tAmpons Globally.

    • http://twitter.com/gnomehole The Gnome

      What a bunch of losers you all are… holy crap, hate much?

      Its sad you are all so bitter because Apple rulez…

  • Tony

    Ummmm….I thought BGR had specific instructions to NOT post anything negative about Apple. Steve’s gonna be soooooooooo pissed.

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