Apple Inc. is currently worth $693.41 billion dollars.
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
Apple is now worth more than double Microsoft Corporation’s market value of $344.64 billion (which is wildly overvalued, if you ask us).
Not that long ago, you’d have been laughed off the Internet if you suggested that Apple would ever be worth more than Microsoft, much less more than double Microsoft’s market value!
In fact, many laughed when we wrote this:
As we have always said, even as many short-sightedly waved (and continue to wave) the white flag, the war is not over. And, yes, we shall prevail… No company is invincible. Not even Microsoft. – MacDailyNews Take, January 10, 2005
Guess who’s laughing now?
AAPL quote here.
MSFT quote here.
MacDailyNews Take: One more thing… Boom!
[Thanks to MacDailyNews Reader “SamLowry” for the heads up.]
Related articles:
Apple now worth 38 times Dell’s market value – October 3, 2012
Apple now worth double Google’s market value – August 16, 2011
Apple now worth more than Wintel (Microsoft and Intel combined) – June 3, 2011
Apple surpasses Microsoft to become world’s biggest tech company, second-most-valuable U.S. company – May 26, 2010
Apple now worth more than Google – August 13, 2008
Apple now worth more than Hewlett-Packard – July 26, 2007
Apple now worth more than Dell – January 13, 2006
What a glorious day!
I just can’t wait to go over to our IT department at 3:00 today to let them know the good news. hehe
And Apple shares are still very underpriced.
And still don’t get their due respect…
Apple may not get their due respect but they do get the money. Wall Street may not like or respect Tim Cook but I think he’s doing a terrific job and I admit I was wrong to doubt him when Apple was struggling in 2013. But not enough to sell my stock and I bought more at that time.
Steve is looking down lovin’ it!
And the Gates quote is priceless. On par with Michael Dell’s.
yes, and that means we have to start keeping track of every time apple’s market value reaches a new integer multiple of microsoft’s.
One the Monopoly in Business and Schools are broken, then we can really celebrate!
I’m not sure it can be broken. It has to do with bidding for the lowest prices and Apple doesn’t do that type of business. Either a company or school sees the benefit of buying Apple products at a higher price or they go with the lowest bidder. Microsoft will do anything to hold onto their business even if they have to take a loss.
In most Twin Cities districts, they’ve already lost. Districts are going to 1:1 computing models using either iPads or Chromebooks, or a mix. In fact, Microsoft is never mentioned in education circles any more.
These days the PowerBooks far outnumber the other laptops students bring to campus. It’s a lovely sight. 🙂
What about the iBooks? 😉
[They’re called ‘MacBooks’ now]
just glancing at M.J Foley’s All About Microsoft blog at ZDnet where she writes:
“Bill Gates moved from his Chairmanship of the Microsoft Board to his new role as “Technology Advisor,” he committed to spending up to a third of his time working on Microsoft-related projects.”
I was just mulling that over…
I know he’s semi retired and just ‘advisor’ but
ONE THIRD of his time seems to be the level of the commitment of everyone else in Microsoft to the quality of products…
(what i”m saying for years already with their near monopoly over the desktop causing overconfidence nobody over there — it’s in their DNA — is REALLY dedicated about the stuff they make. )
can’t imagine if Steve Jobs was employed as advisor and Apple was getting kicked he would stand back and relax….
(not dissing Gates work on his foundation etc but just observing that neither he nor anyone else there is really focused on fixing things).
“Good Enough” has always been the Microsoft mantra. But they can’t even come up with that meagre level of quality these days. Windows 10 is getting a right good kicking in the press this week.
Ugly, incomplete, buggy: Windows 10 faces a sprint to the finish
Unpicking the past is a messy business for Microsoft
Unpicking and replacing Windows 8 features and unifying Windows across devices, while also providing marketable new functionality, is a challenging task for Microsoft’s team. The state of this build suggests that there may still be rough spots on release, especially for tablet users.
I get a nickel for every time a Windows victim asks ‘What happened to Windows 9?” We’re shopping for a mansion, Glenda dahling!
From now on it is not how many times Apple ‘s value is Dell’s . It is Microsoft instead of Dell.
No IT manager ever got fired for choosing Microsoft.
No fund manager every got fired for choosing Microsoft.
It doesn’t matter to me. I’ve always chosen Apple and I will stick with it.
Yeah, but. WHERES THE WATCH??
Rounding error.
For what it is worth, Google market share has just past Microsoft:
Google overtakes Microsoft In Market Cap – Apple Still World’s Richest Tech Company
Sorry, meant market cap, not market share in above post.
This current accomplishment is reminiscent of this:
Apple now worth 35 times Dell’s market value
Enterprise Value (takeover value) is a better measure. Apple is worth significantly more than Microsoft by that measure. Apple is worth approx. $650 billion, so Apple ($650b) = Walmart ($223b) + Microsoft ($173b) + Google ($145b) + McDonalds ($99) + DropBox ($10b)
They’re not dead yet!
But we continue to dream ~ ~ ~ ~ 🔪🔪🔪
How, and Why, Apple Overtook Microsoft
They put out Outlook for iOS today too… In other news…
I remember when Apple started doing this to Dell. It was fun to see the multiplier increase over time. Pretty sure it will happen with M$ too.