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Apple Passes Microsoft as Largest Tech Company

By - Source: Tom's Hardware US | B 88 comments

The little fruit company has climbed high.

While Microsoft may still rule the software world with its operating system and desktop software, the worlds most valuable technology company, at least when it comes down to the finances, is Apple.

According to the New York Times: 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.

This also gives Apple the second highest market capitalization among American companies. Only higher is Exxon Mobil, at $282 billion.

A venture capitalist call's Apple's rise from ashes of decades ago something remarkable. "It is the single most important turnaround that I have seen in Silicon Valley," said Jim Breyer.

NYT points to this as a sign of changing investor attitudes and the increased value of consumer tastes. While Microsoft's products still completely own businesses, Apple's products cater strongly to the consumer.

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Top Comments
  • 41 Hide
    proxy711 , May 27, 2010 10:07 AM
    I have to do this, sorry.

    Just think if Microsoft had the apple tax on all their products. Microsoft would be able to buy 2 Exxon Mobil sized companies then. =P
  • 36 Hide
    irh_1974 , May 27, 2010 11:00 AM
    ZingamYou couldn't be more wrong! There is M$ Tax for ages and it's made Bill Gates the richest person on Earth for a reason.M$ Windows should not cost more than $50-100 for a full version. Windows and Office are hugely overpriced. Other companies and the open software community deliver products of similar qualities for much lower prices or for free.And I'm neither Apple user nor Linux one.M$ products are overpriced and crap but they have a real monopoly unlike Apple with their 7% market share.Also Apple's users are happy M$ users have never been. There isn't a more hated person on Earth than Bill Gates. He has affected negatively more busynesses and people on Earth than Genghis Khan and Hitler...

    Wow, you are one deluded puppy
    Windows allows you to install pretty much any software from anyone
    Windows places no restriction on whose hardware is used to be installed on
    Whereas...
    Apple places strict controls on what you can have and by who
    Apple forces you to use its hardware
    Then...
    You compare Gates to Genghis Khan or Hitler
    Despite Gates being the single largest contributor to charitable causes in the history of the world, more than the rest of the next 100 richest people in the world combined
    Then Steve Jobs who doesn't have a charitable bone in his body and would happily have the furnaces powered by burning kittens

    I'm sure comparing Gates to Hitler will play nicely with the anti-semetic lunatic fringe but everyone else just thinks you are a sick individual
  • 33 Hide
    killerclick , May 27, 2010 10:13 AM
    Just another sign of the demise of our civilization.
Other Comments
  • 41 Hide
    proxy711 , May 27, 2010 10:07 AM
    I have to do this, sorry.

    Just think if Microsoft had the apple tax on all their products. Microsoft would be able to buy 2 Exxon Mobil sized companies then. =P
  • 33 Hide
    killerclick , May 27, 2010 10:13 AM
    Just another sign of the demise of our civilization.
  • 27 Hide
    joytech22 , May 27, 2010 10:15 AM
    ZOMG APPLE BECOMING A MONOPOLY ZOMGWTFBBQ!

    Soon they will be unstoppable! suing company's left right and center, claiming all technology is theirs!

    Wait that's happening now!
  • 2 Hide
    7amood , May 27, 2010 10:26 AM
    LET TEH INNOVATION COMPETITION BEGIN!!
    it's time to wake up msft... and other companies...
  • 25 Hide
    baddad , May 27, 2010 10:26 AM
    It's not their computers but their Iphone, and Ipods that are making the money, where with MS it's mostly their software.
  • 11 Hide
    digiex , May 27, 2010 10:33 AM
    Not so long ago, Bill Gates lent a helping hand to Steve Jobs.

    Good work Jobs, Sorry Balmer, you suck bigtime.
  • 12 Hide
    d-block , May 27, 2010 10:36 AM
    I didn't realize that Apple was doing that well.
  • 28 Hide
    bonezy , May 27, 2010 10:43 AM
    ZingamYou couldn't be more wrong! There is M$ Tax for ages and it's made Bill Gates the richest person on Earth for a reason.M$ Windows should not cost more than $50-100 for a full version. Windows and Office are hugely overpriced. Other companies and the open software community deliver products of similar qualities for much lower prices or for free.And I'm neither Apple user nor Linux one.M$ products are overpriced and crap but they have a real monopoly unlike Apple with their 7% market share.Also Apple's users are happy M$ users have never been. There isn't a more hated person on Earth than Bill Gates. He has affected negatively more busynesses and people on Earth than Genghis Khan and Hitler...


    First off, you're spouting rhetoric that's more than a decade old; How is Bill Gates the most hated person? He's more of a philanthropist than you'll ever be.

    And secondly, you're saying Microsoft is overpriced, but then you state that Apple has a 7% market share... and but according to the article, they are worth more than Microsoft.

    Hmm, 7% market share yet wealthiest tech company, and not overpriced? Your logic is flawed.
  • -4 Hide
    Anonymous , May 27, 2010 10:57 AM
    Here I were, thinking the article heading had to do with something... uh, tangible?

    Oh well, moving on.
  • 36 Hide
    irh_1974 , May 27, 2010 11:00 AM
    ZingamYou couldn't be more wrong! There is M$ Tax for ages and it's made Bill Gates the richest person on Earth for a reason.M$ Windows should not cost more than $50-100 for a full version. Windows and Office are hugely overpriced. Other companies and the open software community deliver products of similar qualities for much lower prices or for free.And I'm neither Apple user nor Linux one.M$ products are overpriced and crap but they have a real monopoly unlike Apple with their 7% market share.Also Apple's users are happy M$ users have never been. There isn't a more hated person on Earth than Bill Gates. He has affected negatively more busynesses and people on Earth than Genghis Khan and Hitler...

    Wow, you are one deluded puppy
    Windows allows you to install pretty much any software from anyone
    Windows places no restriction on whose hardware is used to be installed on
    Whereas...
    Apple places strict controls on what you can have and by who
    Apple forces you to use its hardware
    Then...
    You compare Gates to Genghis Khan or Hitler
    Despite Gates being the single largest contributor to charitable causes in the history of the world, more than the rest of the next 100 richest people in the world combined
    Then Steve Jobs who doesn't have a charitable bone in his body and would happily have the furnaces powered by burning kittens

    I'm sure comparing Gates to Hitler will play nicely with the anti-semetic lunatic fringe but everyone else just thinks you are a sick individual
  • 19 Hide
    micky_lund , May 27, 2010 11:10 AM
    proxy711I have to do this, sorry.Just think if Microsoft had the apple tax on all their products. Microsoft would be able to buy 2 Exxon Mobil sized companies then. =P

    what are you sorry for?
  • 18 Hide
    gralex , May 27, 2010 12:11 PM
    I can't see this lasting very long. Maybe a few years...

    I haven't used a standalone Mp3 player in years, so that takes care of iPods. iPhones look like they are gonna have one last Summer of good sales. The iPad sucks. And Apple gave up making serious computers almost 5 years ago. God forbid Jobs has a stroke or something...
  • 16 Hide
    anamaniac , May 27, 2010 12:11 PM
    What Macintosh has done is amazing. Howver, they simply do not offer a product that fits me. I want a 5870m/GTX470m, quad core, 2-3 HDD's, under $2,000.
    When Macintosh does that, I may consider another look. Otherwise, for now, though while slimmer, and better battery life than most, I find them ugly and overpriced without having the hardware I crave.
    digiexNot so long ago, Bill Gates lent a helping hand to Steve Jobs.Good work Jobs, Sorry Balmer, you suck bigtime.

    I miss Bill. Screw Ballmer. :( 
    ohimI know i`m offtopic here but why the hell is everybody saying that Bill Gates is/was the richest man on earth, when everything in US and most of the world is controlled by Rockefeller familly ?

    I prefer not to think about that, even though I'm Canadian...
  • 10 Hide
    boobot , May 27, 2010 12:24 PM
    Largest tech company per market capitalizaion. HP is the largest tech company.
  • 6 Hide
    xantek24 , May 27, 2010 1:18 PM
    bill gates + steve balmer = ike & patton

    steve jobs is hitler. corrected.
  • 10 Hide
    Hydrocron , May 27, 2010 1:20 PM
    http://news.cnet.com/2100-1001-949671.html


    I'm sure Dell would be happy to sell you one without Windows.
  • 10 Hide
    prelude2250 , May 27, 2010 1:23 PM
    Thats how its always been. Apple is like the new religion. its all based on misconceptions and the ignorant flock to it because others told them to. I'd rather not pay twice as much for technology twice as old just because its "pretty".
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