Apple Passes Microsoft to Become Most Valued Tech Company
Submitted by BOCVIP on Thu, 05/27/2010 - 08:59
According to foreign media reports, Apple on Wednesday has surpassed Microsoft as the largest technology company by market capitalization.
Apple now has a market cap of 222 billion US dollars versus Microsoft's 219 billion dollars, according to Reuters.
However, sales revenue of Microsoft is still higher than that of Apple. In the latest quarter this year, Microsoft has reported 14.5 billion dollars sales revenue, while Apple's sales revenue was 13.5 billion dollars in the same period.
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