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Apple bigger than Microsoft

1 June 2010

Sorry if I am late to the party here, I was on vacation and went ‘off the grid’.

So what did I miss? AFP reports that

Microsoft …………………… had been overtaken by rival Apple as the world’s biggest technology firm in terms of market value

and goes on to to explain

Microsoft shares shed 4.07 percent on Wednesday to close at 25.01 dollars, dropping its market capitalisation — the number of shares outstanding multiplied by the stock price — to 219.18 billion dollars.
Apple shares lost 0.45 percent meanwhile to close at 244.05 dollars, giving the company a market value of 222.07 billion dollars.

Makes me happy.

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From → Business, Technology

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