Apple Usurps Microsoft As The World's Biggest Tech Company

By On May 26, 2010 · 7 Comments · In Apple, Mish-Mosh

Based on market capitalization, Apple has official become the largest tech company in the world, passing Microsoft. Thanks in large part to ridiculously successful sales of the iPhone, iPod, and now the iPad as well as continually growing Mac sales, the company has slowly but steadily chipped a way at a market once entirely dominated by Windows-based products. Market cap, according to Wikipedia, is “a measurement of size of a business enterprise (corporation) equal to the share price times the number of shares outstanding of a public company.” During regular trading hours today, Apple’s shares (AAPL) dropped $1.11 to finish the day at $244.11, which sets its market cap somewhere around $222 billion. By comparison, Microsoft’s stock (MSFT) fell $1.06 to $25.01, for market cap of about $219 billion. Although this is mostly important to stock investors, specifically those who invest in those two companies, it is a huge first for Apple and is a title I’m sure they are hoping to hold on to for quite some time.

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  • http://aurora-designs.com Aurora Web

    My personal view is iphone domaninated every tech gadgets with a milestone. Microsoft have their pda and mobile devices still apples design and platform is second to none.

  • http://www.housecleaningmarietta.com John Gordon

    People used to compare Microsoft with Oracle in terms of market share and richest between Bill Gates and Larry Ellis. I don’t believe Microsoft makes phones, and Microsoft still dominates the comlputer market.

  • http://www.downloadactive.com Download Active

    It is Apple IPad magic, Microsoft need to pull up its socks!

  • http://www.guidesigner.net Open Source

    Hum . yah its true . actually apple iPad bring the revolutionary change in market .. thats why apple share is grow up rapidly ..

    well we wait for Microsoft Project natal . this will help MS to grow again .

  • http://www.newbusinessdirection.co.uk/ Andy

    Apple will continue to grow with their innovative and efficient approach to technology. In response to John Gordon above, who must have invested heavily in Microsoft, mobile web is exploding and while Microsoft will always be a force to be reckoned with, they’re being challenge on all fronts, no longer dominating anything!

  • http://appyzilla.com/ appyzilla-iphone app reviews

    When i first heard about it i couldn’t believe my ears but such is the world of innovation and anything can happen …thanks for sharing

  • http://www.pixmania-pro.co.uk Apple Wholesale

    We have only seen the sales of all Apple products going up. It is an incredible achievement to surpass Microsoft. Although I think that if microsoft hires the right people and develop fresher marketing-product-combination they could compete better.

    For now we keep on loving Apple’s innovative style and products!