Currently, shares of Microsoft (MSFT) are off $0.25, or -0.93%, to $26.59 which gives Microsoft a market value of $232.94 billion.
Shares of Apple (AAPL) are up $7.70, or 3.18%, to $250.02 for a market cap of $227.37 billion, a difference of just $5.57 billion, a mere 2.39% of Microsoft’s total value.
Could this be the week?
As much as I cheer this kind of news, it doesn’t mean that Redmond is hurting that much. Unlike the Windows PC makers, they have margins about the same as Apple’s and I believe they pay a dividend, which I don’t think Apple does (I could be wrong). From an investor’s standpoint, this is just a buying opportunity.
OK everyone,,,, remember that given the market. Apple will bob up and down after it passes Microsoft.
I project that Apple will end up passing Microsoft 2 or even 3 times, to drop back down. But in the end, it will walk away from Microsoft as that is the long term trend.
Just a thought.
en
Can we get a video camera on Steve Ballmer? I would love to see the rabid dancing monkey when he gets the news.
Does he know that the iPad also does not have any keys? I am sure no one will buy it either! Clueless idiot!
Please, oh please…
Let MS continue to pay out dividends, it only means that the shareholders aren’t interested in letting the company reinvest in itself.
On the other hand, it’s one of the reasons why APPL has the financial resources to continue to innovate….. the shareholders (myself included) like this play much better.
Bend over, Steve Ballmer because Steve Jobs is pulling up to your rear. I’ll bet Steve Ballmer never utters the words “rounding error” ever again unless he’s talking about Microsoft’s smartphone market share.
Microsoft’s rapidly declining market cap is making it far too easy for Apple to go past it. I thought that Microsoft might be overtaken in the $275 billion dollar range but where it is now is like shooting ducks in a pond. The day that Apple overtakes MS in market cap is one day I’m going to enjoy immensely. I promise to give the iHaters no rest at all for a solid week. When MS investors see Apple passing Microsoft, they’re going to take a long hard look at what is happening to the once mighty tech powerhouse and they won’t be pleased at what they’ll see.
The iPad has basically sealed Microsoft’s fate. I look at it as for every iPad sold, one Microsoft Windows netbook license goes to hell. This year alone I expect about 7 million Windows licenses being cast out of existence.
@Anonymous
Apple was only about 5 billion away at one point today… so I believe we may have time to surpass and make the announcement.. that would be just way too awesome… Imagine the stock price if he announced that… I’ll be wondering how things will go anyways once Apple gets past MS in market cap… will be a day to put on the calendar 😀
nah-nah-nah-na, nah-nah-nah-na…hey-hey-hey…goodbye.
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(yo MDN…quote me!)
Who buys Microsoft stock?!
I recall that when Hillary Clinton was nominated for Secretary of State, her recent personal finances were disclosed. Among other holdings, she had significant pile of Microsoft, no Apple.
Proved to me that she is not as smart as she thinks she is.
Only a 5.124.136.000-Dollar-Difference. Wow.
I’ve got the apple juice chillin’.
AAPL going up in a down market can mean only one thing. It’s getting close to new iPhone time…! The WWDC keynote is the new Macworld keynote. If the European crisis was not happening, AAPL probably would be close to $300 about now.
$410 million at 9.41 AM EDT!!!
Could it be that it is only through the behind the scenes massive investments by Zune Tang™, propping up their stock price and the company itself, that Microsoft has even been able to remain in business this long at all? I think that rumor may prove correct! Sadly for ZT™, it appears that even that kind of support has, once again, failed miserably.