Canadian TV, Computing and Home Theatre Forums banner

Apple Now World's Largest Tech Company

3247 Views 29 Replies 14 Participants Last post by  Dr.Dave
Apple's market capitalization hit $222 billion on Wednesday, leaving it ahead of rival Microsoft as the largest technology company in the world when the closing bell rang on Wall Street.

The dethroning of Microsoft now makes Apple -- for now -- the second largest American company, behind only Exxon-Mobil. Apple has a ways to go to catch the oil giant, which has a market capitalization of nearly $280 billion

While market cap is but a single metric, it's an interesting factoid all the same...
1 - 1 of 30 Posts
Totally irrelevant when it comes to talking about computers. If Apple's numbers were based only on it's computer division and you moved the iPod, iPhone etc... to a different area, it wouldn't even be close. Besides, Apple sells hardware while MS sells software. To get a more realistic comparison you would have to combine all companies who sell Windows based computers and hardware together to get the real picture.
But we're not talking just about computers, were talking about the largest "tech" company. And I would disagree that Apple only sells hardware while MS sells software. Apple sells an integrated experience which includes hardware and software. The hardware is really just a part of the equation. Without software, Apple would have been dead long ago. Microsoft and Apple both realized long ago that there is very little profit in only selling hardware which is why both companies are vigorously trying to enter and dominate other markets. If Microsoft continues to fail within these other markets it will continue to decline in overall market share while other companies surpass it (Google perhaps).
1 - 1 of 30 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.