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Apple passes Microsoft's stock market cap

updated 03:20 pm EDT, Wed May 26, 2010

Apple achieves symbolic financial win over MS

Apple passed a symbolic milestone today as its market cap passed Microsoft's for the first time. Beginning in the morning, the total value of Apple's shares was higher, reaching $225.7 billion at 3PM Wednesday afternoon where Microsoft had dropped to $223.4 billion. The two companies' share prices have headed in opposite directions since the year began, with Apple growing more than 17 percent while Microsoft's has dropped by an almost identical ratio.

The change of positions has come mostly through Apple's launch for and early success with the iPad as well as its continued overall financial health. It was helped by multiple record quarters as well as rapid strides in the smartphone field.

Microsoft has been financially healthy after a slowdown in revenue in 2009 but has received little support from investors uncertain about its prospects. Office, server apps and Windows are still its main successes, but it has failed to get significant share in web searches or MP3 players, and it has seen a large part of Windows Mobile's market share erode in the face of Android and the iPhone.


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By Electronista Staff
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Comments

  1. iphonerulez

    Dedicated MacNNer

    Joined: Nov 2008

    -3

    The market has just turned sour for both

    companies share prices. It's no longer which company has the most strength, but more like which company has the most weakness. I'd like to see a fire sale on Microsoft by all the investors that were crowing about getting a dividend.

    I thought the day was going to start out glorious for tech companies in the market, but it looks like many of them are going to finish in the red.

  1. pairof9s

    Senior User

    Joined: Jan 2008

    +7

    The Mighty Hercules

    Apple is the greatest company in all the world!

    ;-)

    /

  1. boris_cleto

    Fresh-Faced Recruit

    Joined: Sep 2002

    0

    David vs Goliath

    What make this more amazing is Micro$oft has 8.764 Billion shares outstanding compared to Apple's 909.9 Million

    http://www.wolframalpha.com/input/?i=msft+aapl

  1. WiseWeasel

    Junior Member

    Joined: Apr 1999

    +4

    Aww

    Now we can't call them 'Micro$oft' anymore, and we'll have to start saying 'Appl€' (d'oh, stupid MacNN comment system can't render a 'Euro' currency symbol) when referring to the mothership... Quite a shift in perspective!

  1. Foe Hammer

    Fresh-Faced Recruit

    Joined: Feb 2005

    +5

    I Can Hear Testudo Now ...

    It's not about market share cap ... it's about which company makes the best products ... er ... I mean ... it's about the most innovative company ... er ... I mean it's about the company that promotes open standards ... er ... I mean ... it's about which company's CEO is balder. Yeah. That's it.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    -2

    Re: David vs Goliath

    What make this more amazing is Micro$oft has 8.764 Billion shares outstanding compared to Apple's 909.9 Million


    Seriously, you need to learn a bit about market cap. The number of shares is completely meaningless in the discussion.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    +12

    Bah!

    This means nothing! Everyone knows a company's worth is dependent on who's CEO sweats the most.

    And it's only temporary until the Zune takes off! Any day now...... Hello...... Is this thing on?

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