“On Monday, its surging stock propelled the company’s value to $621 billion, beating the record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom,” Svensson reports. “Apple Inc. has been the world’s most valuable company since the end of last year. It’s now worth 53 percent more than No. 2 Exxon Mobil Corp.”
Svensson reports, “Microsoft is now worth [less than half of Apple's value at] $257 billion.”
Read more in the full article here.
MacDailyNews Take: Boom! Look what Steve Jobs built!
What I can’t figure out is why he [Steve Jobs] is even trying [to be the CEO of Apple]? He knows he can’t win. – Bill Gates, June 1998
[Thanks to MacDailyNews Reader "dslarsen" for the heads up.]