Thursday, May 27, 2010

Apple overtakes Microsoft as the world's leading technology company

Apple, the proud inventor of iPods, iPhones and iPads, the world's most valuable technology company based on market value on Wednesday .
On Wednesday market value of maker of ipod shares get higher by 1.8 percent, a value of $227.1 billion. At the time Shares of Microsoft company a market capitalization of $226.3 billion. Once before Apple had recorded a high share price than Microsoft in the year December 19th 1989. Apple's shares are 10 times high than what it was 10 years ago. Good recognition to it's products such as iPhone and iPads. But Microsoft still leads Apple in sales. In the latest quarter, Microsoft reported $14.5 billion in revenue compared with Apple's $13.5 billion.
The Microsoft's operating system runs on World's personal computers. They have not been able to equivalent the growth rates and their stocks went down by 20 percent.

No comments: