Apple Passes Microsoft as The World’s Most Valuable Tech Company

Posted by Erdem OZKAN on 27 May, 2010

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This item was filled under [ Competition ]

On 25th of May, Apple passed Microsoft, for the first time, as the “world’s most valuable technology company” . Apple gained a stock-based valuation of $222.12 billion while Microsoft’s was $219.18 billion. The only American company valued higher was Exxon Mobil, with a market capitalization of $278.64 billion.

Microsoft is still one of the most powerful companies in the world and dominates the software industry with its Windows operating system and Office productivity suite.

Although Apple still sells computers as it was a decade ago, twice as much revenue is coming from hand-held devices and music. Over all, the technology industry sold about 172 million smartphones last year, compared with 306 million PCs, but smartphone sales grew at a pace five times faster.

One decade ago, Apple started to act as an innovator focusing on user experience and design. Also, Steve Job’s return in 1996 is the most important one in Silicon Valley with an inapproachable benefit for a tech company.

Google, with a market capitalization of $151.43 billion, is the third most valuable tech company comes after Apple and Microsoft. There are ongoing battles between all three companies at different areas; iPhone vs. Nexus One, Google TV vs Apple TV,Windows vs Chrome OS are the most known ones in these days.

As all these competition is going on, there’s an interesting statistic: Apple and Microsoft initiated the personal computing revolution in the late 1970s but nearly a decade ago there wasn’t any Google…