As of Wednesday, Wall Street valued Apple at $222.12 billion and Microsoft at $219.18 billion. The only American company valued higher is Exxon Mobil, with a market capitalization of $278.64 billion.
Apple bigger than Microsoft|
This could well be the end of an era.
Nothing to be happy about, but Microsoft's patent laden strategy has made them a law firm. The core business (if they ever had one) is replaced with politics and war. War on Linux, together with extortion (Novell).
Ballmer is now against the capitalist barometer of Wall street and labels it insignificantly.
"On any given day, the stock market is a voting machine,’’ he said, and only ‘‘in the long run is it a weighing machine."
Microsoft depends more on maintaining the status quo, while Apple is in a constant battle to one-up itself and create something new, said Peter A. Thiel, the co-founder of PayPal and an early investor in Facebook. “Apple is a bet on technology,” he said. “And Apple beating Microsoft is a very significant thing.”