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Apple Surpasses Microsoft In Market Capitalization

je ne sais quoi writes "Today Apple surpassed Microsoft in market capitalization, a metric of the perceived worth of a company. At around 2:30 pm EDT, the total number of Apple shares were worth $227 billion, whereas Microsoft's were worth $226 billion. Both companies' stocks ended the day in the red, and have dropped in value since the Greek crisis began, but Apple's share price has been falling less quickly. Of American companies, only Exxon-Mobil has a higher market cap at this point at $278 billion. According to the article: 'This changing of the guard caps one of the most stunning turnarounds in business history, as Apple had been given up for dead only a decade earlier. But the rapidly rising value attached to Apple by investors also heralds a cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.'"

2 of 557 comments (clear)

  1. So there it is... by Flector · · Score: 1, Troll

    Apple is Evil.

  2. Re:So close... by dilvish_the_damned · · Score: 1, Troll

    I would say its spot on, or near enough. MS dominance was not engineered through superior or even more appropriate software, but more by convincing executives of the perception that it was already dominant due to these. To bool it down just for you, none of it was true until they sold the perception that it was. And then it still wasn't, except for the dominance part.

    And you should be able to remember Oh! wait... were you in a coma from `90 - `97?

    --
    I think you underestimate just how much I just dont care.