“This is a humbling day for Microsoft,” Garett Sloane reports for The New York Post.
“The software giant, once the dominant force in computing, watched as Google whizzed past it to become the second-most valuable tech company, behind Apple,” Sloane reports. “Google caught up to its longtime rival right after the opening bell. Google is up about a percentage point at $761.13, valuing it at $248.8 billion. Microsoft is down slightly at $29.60, giving it a market cap of $248.1 billion [$249.13 billion for GOOG vs. $247.23 for MSFT at the close.]”
Read more in the full article here.
MacDailyNews Note: Apple Inc. (AAPL) closed today with a market value of $618.12 billion, or $121.76 billion more than the values of Google and Microsoft combined.
[Thanks to MacDailyNews Reader “Nicholas C.” for the heads up.]