Sunday Spectacle LXXII
Apple's Market Cap Surpasses Microsoft's
In what would have been unthinkable 10 years ago, Apple's market cap surpassed Microsoft to become the second most valuable publicly-listed company in the world (behind ExxonMobil.) Apple and Microsoft were major rivals in the past but don't really compete directly anymore. Of course, using other metrics the gap is still fairly large (for instance, as the chart shows, Microsoft's earnings are still over 2x higher.)
it also goes to show the sentiment the market has between aapl and msft. Msft is seen as a dinosaur despite profitability.
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