Slashdot Mirror

← Back to Stories (view on slashdot.org)

Apple Too Big For the Dow Jones Industrial Average

Posted by samzenpus on Wednesday September 21, 2011 @10:48AM 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."

4 of 218 comments (clear)

Min score:

Reason:

Sort:

Re:one other reason by Oxford_Comma_Lover · 2011-09-21 11:02 · Score: 4, Funny

Although come to think of it, being overpriced has never bothered Apple in the past. :)

--
-- IANAL, this isn't legal advice, and definitely isn't legal advice for you. Also, Squee!
Re:one other reason by Anonymous Coward · 2011-09-21 11:10 · Score: 2, Funny

Patience. All good things take time.
Re:DJIA is by Anonymous Coward · 2011-09-21 11:15 · Score: 3, Funny

Berkshire Hathaway ($101250!).
101250! = 6.7994476169830511727851464589251787226197877510690... × 10^462826
Re:one other reason by Goaway · 2011-09-21 11:31 · Score: 3, Funny

Um, I've got some news for you...