Apple Now More Valuable Than Microsoft
Posted By Barry Ritholtz On May 26, 2010 @ 9:32 pm In Technology,Valuation | Comments Disabled
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 [1]:
“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
[2]
>
Previously:
Popular or Best? [3] (ATPM January 1998)
Is Disney/Pixar the sequel to Apple/NeXT ? [4] (January 30th, 2004)
Apple morphs into a Consumer Electronics Co [5] (April 25th, 2004)
Analysts Still Underestimate Apple [6] (Real Money, Jan 13, 2005)
Apple to Music Industry: Monetize Your IP [7] (April 28th, 2004)
The Single Company Magazine Cover Indicator [8] (March 20th, 2006)
Microsoft the Innovator to Open Retail Store [9] (October 15th, 2009)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/05/apple-now-more-valuable-than-microsoft/
URLs in this post:
[1] NYT: http://www.nytimes.com/2010/05/27/technology/27apple.html
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/05/pray-yeah.png
[3] Popular or Best?: http://www.atpm.com/4.01/page10.shtml
[4] Is Disney/Pixar the sequel to Apple/NeXT ?: http://www.ritholtz.com/blog/2004/01/is-disneypixar-the-sequel-to-applenext/
[5] Apple morphs into a Consumer Electronics Co: http://www.ritholtz.com/blog/2004/04/apple-morphs-into-a-consumer-electronics-co/
[6] Analysts Still Underestimate Apple: http://www.thestreet.com/p/_rms/rmoney/barryritholtz/10203259.html
[7] Apple to Music Industry: Monetize Your IP: http://www.ritholtz.com/blog/2004/04/apple-to-music-industry-monetize-your-ip/
[8] The Single Company Magazine Cover Indicator: http://www.ritholtz.com/blog/2006/03/the-single-company-magazine-cover-indicator/
[9] Microsoft the Innovator to Open Retail Store: http://www.ritholtz.com/blog/2009/10/microsoft-the-innovator-to-open-retail-store/
Click here to print.