[HOLY S**T!] Apple surpasses Microsoft to become second-most-valuable U.S. company

[COVID-19]

Apple surpasses Microsoft to become second-most-valuable U.S. company

Wednesday, May 26, 2010 - 03:25 PM EDT In one of the clearest signs yet of the renaissance that's finally putting a close to The Dark Age of Personal Computing, Apple Inc. (AAPL) has overtaken Microsoft (MSFT) to become the second-most-valuable U.S. company.

Microsoft spent most of the trading day fending off Apple relentless assault — sometimes by excruciatingly small amounts — but, at approximately 2:15pm EDT, shares of Apple rose $4.35, or 1.78%, to $249.57, putting Apple's market value at $227.19 billion and finally overtaking Microsoft's which declined $0.20, or 0.77%, to 25.87, putting their market cap at $226.72 billion.

Watching it happen in real-time and then savoring the replay on 15-minute delay was doubly satisfying!

What I can’t figure out is why he (Steve Jobs) is even trying (to be the CEO of Apple)? He knows he can’t win. - Bill Gates, June 1998

Expect the companies to trade positions back and forth in the near term, but Apple should put the derivative Microsoft in their rearview mirror soon enough.

As per NYSE, the top five U.S. publicly-traded companies, based on full market values, are:
1. Exxon Mobil (XOM) - $283.06B
2. Apple (AAPL) - $227.19B
3. Microsoft (MSFT) - $226.72B
4. Wal-Mart (WMT) - $189.57B
5. Berkshire hathaway (BRKA) - $175.76B

MacDailyNews Take: Pop the corks! Congrats, Apple, on a job very, very, very well done!

http://macdailynews.com/index.php/we...omments/25385/

[Dick Buffman]

Seriously dude. You need to stop spamming the lounge w/ this ****.

Unless you're getting some sort of ****ing royalties from Apple, you're really a pathetic bastard.

I got a ****ing Apple. And I think you're a lame ****.

[THE REED]

^^^

[Shadow boxer 3]

damn. those companies worth all that money while other companies are laying people off

[Shadow boxer 3]

Seriously dude. You need to stop spamming the lounge w/ this ****.

Unless you're getting some sort of ****ing royalties from Apple, you're really a pathetic bastard.

I got a ****ing Apple. And I think you're a lame ****.

[deanrw]

I'm typing this on a Macbook Pro, and to me it is just another computer. In fact I find all this http://www.thebestpageintheuniverse....gi?u=macs_cant

Explains it the best. Click the link to reveal the truth.

[THE REED]

I'm typing this on a Macbook Pro, and to me it is just another computer. In fact I find all this http://www.thebestpageintheuniverse....gi?u=macs_cant

Explains it the best. Click the link to reveal the truth.

That site is hilarious

[COVID-19]

Seriously dude. You need to stop spamming the lounge w/ this ****.

Unless you're getting some sort of ****ing royalties from Apple, you're really a pathetic bastard.

I got a ****ing Apple. And I think you're a lame ****.

[ИATAS]

Fuucking Mac users man. STFU.

Apple is big because of their ****ty gadgets that everyone likes to buy - iphones, ipods, ipads, etc. wow I'm so impressed. A gadget that will be outdated in a couple years.

Either way, both Apple & Micro$oft only want your money. They don't give a **** about you. They are two huge giant corporations that rip off the consumers. Fuuck them. You want to listen to music while you jog? Buy a fuucking cheap $15 mp3 player. You don't need special software (itunes) to transfer data, simply copy & paste and presto - files transfered successfully. Amazing, what a brilliant concept. But no, everyone wants the latest ipod, why? Because most people are idiots.

I never understood how some people get so passionate about a product or a company. like xbox users or ps3 users. Coke vs Pepsi. They are all rich *******s exploiting consumers. Micro$oft is a horrible, horrible company. That's why when you call tech support you talk to some guy in India. Outsourcing. It's the american way. It's why most of the employees that are in america are on contracts (so they don't have to provide benefits such as healthcare, etc.). Apple is no different, slimy bastards.

You want an operating system that is neither? Linux.

[COVID-19]

New King of Technology: Apple Overtakes Microsoft

By MIGUEL HELFT and ASHLEE VANCE
Published: May 26, 2010

SAN FRANCISCO — Apple, the maker of iPods, iPhones and iPads, overtook Microsoft, the computer software giant, on Wednesday to become the world’s most valuable technology company.

In intraday trading shortly after 2:30 p.m., Apple shares rose 1.8 percent, which gave the company a value of $227.1 billion. Shares of Microsoft declined about 1 percent, giving the company a market capitalization of $226.3 billion.

The only American company valued higher is Exxon Mobil, with a market capitalization of $282 billion.

This changing of the guard caps one of the most stunning turnarounds in business history, as Apple had been given up for dead only a decade earlier. But the rapidly rising value attached to Apple by investors also heralds a cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.

Microsoft, with its Windows and Office software franchises, has dominated the relationship most people had with their computers for almost two decades and that was reflected in its stock market capitalization. But the click-clack of the keyboard has ceded ground to the swoosh of a finger across a smartphone’s touch-screen.

“It is the single most important turnaround that I have seen in Silicon Valley,” said Jim Breyer, a venture capitalist who has invested in some of the most successful technology companies.


http://www.nytimes.com/2010/05/27/te...le.html?emc=na