Apple passes Microsoft to once again become the world’s most valuable public company

Apple has once again assumed their rightful seat atop the throne as the world’s most valuable company, deposing poseur Microsoft, peddlers of unintuitive, insecure mediocrities to the great unwashed.

Eric J. Savitz for Barrons:

With the caveat that both Apple and Microsoft have been aggressively repurchasing shares, which makes a precise up-to-the-minute share count impossible, Apple stock’s 0.33% gain today to a recent $236.98 gives the company a market value of $1.072 trillion. Microsoft stock, up 0.20% today to $139.96, has a current market value of $1.069 trillion…

The two tech giants’ reign as the world’s most valuable publicly traded securities could be short-lived—there is speculation that the pending initial public offering for the Saudi oil giant Aramco could launch with a valuation as high as $2 trillion.

MacDailyNews Take: Adios, Microsnot!

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

9 Comments

  1. 1997 basis in AAPL is $0.57 per share which gives me a 41,369% return on the AH price not including dividends. I can live with that.

    My 2005 basis in MSFT is $25.69 per share. Up 443% not including dividends. Not bad, but in comparison, I guess that’s meh!

  2. Apple is leading Microsoft in value by just a few bucks and Microsoft has the backing of huge numbers of institutional investors who will stand pat on Azure Cloud’s potential growth. Meanwhile, any vague rumor about poor iPhone sales will send Apple stock into the toilet.

    After the Nokia mobile fiasco, Microsoft stock should have sunk like a stone, but Wall Street is in love with cloud computing businesses and Microsoft came back stronger than ever. There were no doubts on Wall Street about Microsoft as there still is for Apple.

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