Thursday, May 27, 2010

Apple Overtakes Microsoft As Leading Hightech Cap Company

Apple Overtakes Microsoft
During today's  intraday trading Apple shares rose 1.8 percent, Giving the silicon valley company a value of $227.1 billion. Whoa!
But the big boy from Redmond was not doing so well and the shares of Microsoft declined about 1 percent, giving the company a market capitalization of $226.3 billion.
I am sure Steve Jobs must be grinning from ear to ear and Bill Gates wondering if he should come back. Balmer must be fuming from all the orifices.

Even though both shares declined (M$ at $219.2 billion, Apple at $222.1 billion.) , Apple held on to the top spot. Good grief Charlie Brown.


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