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Apple Too Big For the Dow Jones Industrial Average

Posted by samzenpus on from the we're-gonna-need-a-bigger-stock-ticker dept.

An anonymous reader writes "Apple is clearly the hottest tech stock on the market right now and the company is clearly at the vanguard of technological innovation. Consequently, many have wondered why Apple isn't part of the Dow Jones Industrial Average (DJIA). As it turns out, Apple's astronomical share price effectively prohibits the company from joining the DJIA as it would disproportionately influence the index."

2 of 218 comments (clear)

  1. Apple-Turf? by rueger · · Score: 0, Flamebait

    Wow, am I alone in thinking the story submission is just fan-boy astro-turf?

    "vanguard of technological innovation"

    --
    Three Squirrels
  2. total BS by Charliemopps · · Score: 1, Flamebait

    Walmarts listed on the Dow... and they are WAY bigger than apple. There are a lot of other companies on the DOJA that are as big, if not larger than apple. Apple keeps their stock price high for PR reasons.