I never thought I would see this in my life time but: Apple is now worth more than Mister Softee. About $3 billion more.
Here’s the NYT:
“As of Wednesday, Wall Street valued Apple at $222.12 billion and Microsoft at $219.18 billion. The only American company valued higher is Exxon Mobil, with a market capitalization of $278.64 billion.
The revenue of the two companies are comparable, with Microsoft at $58.4 billion and Apple at $42.9 billion. Microsoft is sitting on more cash and short-term investments, $39.7 billion, to Apple’s $23.1 billion, which makes the value assigned by the market to Apple — essentially a bet on its future prospects — all the more remarkable.”
My first computer was a Mac Classic. I’ve had Quadras, PowerPCs, G3s, G4s,G5s, iMacs (blue) iMac (flat white) iMacs (Aluminum), Powerbooks, Mac Book Pros.
I frequently wrote about Apple, prayed it wasn’t dying, hoped for a recovery. This is truly beyond my wildest imagination.
Links to earlier writings on Apple are below
Popular or Best? (ATPM January 1998)
Is Disney/Pixar the sequel to Apple/NeXT ? (January 30th, 2004)
Apple morphs into a Consumer Electronics Co (April 25th, 2004)
Analysts Still Underestimate Apple (Real Money, Jan 13, 2005)
Apple to Music Industry: Monetize Your IP (April 28th, 2004)
The Single Company Magazine Cover Indicator (March 20th, 2006)
Microsoft the Innovator to Open Retail Store (October 15th, 2009)
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.