Post by Steve Farrelly @ 08:35am 28/05/10 | 25 Comments
The race is close, but Apple pulled ahead of Microsoft, after years of competition, with a net value of USD$222.12 billion while Microsoft rested at USD$219.18 billion. However, revenue for Microsoft is still larger, with USD$58.4 billion over Apple's USD$42.9 billion. In terms of net worth, the only company ahead of Apple was Exxon Mobil which was valued at USD$278.64 billion. "Consumer tastes have overtaken the needs of business as the leading force shaping technology," the Times suggests.
Obviously much of Apple's growth is owing to the success of the iPhone, but it's interesting to see them pull ahead. Microsoft have a clearer stake in the game's market, but even those grounds are beginning to be tread on by Apple - the next few years are definitely going to be interesting.
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Posted 08:42am 28/5/10
considering that microsoft compete in so many more markets than apple, I'm pretty shocked by this news
especially when you consider their games market ^
I guess they don't really sell hardware though, so that's a pretty big step up for Apple
Posted 08:43am 28/5/10
you know microsoft is one of apple's largest shareholders, right?
Posted 08:46am 28/5/10
the point of this story is that Apple are better at the internets and computers than microsoft, as if we didn't know that already
Posted 08:46am 28/5/10
Posted 08:49am 28/5/10
in fact, i hate everything about apple.
Posted 08:49am 28/5/10
Don't be evil
Posted 09:06am 28/5/10
hahahaha :D
Posted 09:19am 28/5/10
Unsurprising, but I think it's awesome news. The fires are slowly being lit under Microsoft with all this massively increased competition - Apple has, for the first time in 20 years, taken a noticeable chunk out of the desktop market, and Google are s***ting on them online. More and more people are switching to open source solutions and they're failing to display adaptability. I still think they make awesome products and with some more focus on open standards and interoperability it will be a whole new ball game!
Posted 10:03am 28/5/10
Posted 10:06am 28/5/10
Posted 10:09am 28/5/10
They use to be, and they were a silent non voting share holder. They sold there share a number of years back now. (i remember having this argument with mongie ages ago that microsoft were a majority share holder but he never believed me cause he's a giant plasma loving noob)
currently the share holders are listed here
Posted 10:16am 28/5/10
Posted 12:41pm 28/5/10
Posted 12:43pm 28/5/10
Posted 01:03pm 28/5/10
Hate is such a strong word, but i have to agree I too not a Apple fan and have a no Apple buying policy that has served me well till now, but I do cheer them on in toppling our old evil overloads... Will the world be big enough for Steve Job's ego now Apple is the number 1 tech company?
Posted 01:12pm 28/5/10
Apple users are still the minority.
Posted 01:27pm 28/5/10
http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article7137781.ece
Posted 01:33pm 28/5/10
Posted 01:39pm 28/5/10
Posted 01:41pm 28/5/10
Posted 02:01pm 28/5/10
it's also a little misleading to say that AAPL is now the most valuable technology company. what is correct to say is that it has the highest value of equity of technology companies. the total value of a company = value of debt + value of equity.
it's fairly amusing that the market values these two investments at around the same price.
if i had to choose between two investments which cost practically the same but one had a cash flow 3x higher than the other one, i know which one i'd go for.
this can be interpreted in various ways. you could argue that the higher value of equity the market has placed on AAPL implicitly assumes a drastically higher growth rate in returns to equity than that of MSFT or you could argue that the market has overvalued the asset.
i would argue it's likely to be a bit of both.
Posted 04:54pm 28/5/10
Posted 05:58pm 28/5/10
Posted 06:24pm 28/5/10
Posted 11:48am 29/5/10