Apple Passes Microsoft as Most Valuable Technology Company

vansau

Mortician of Love
May 25, 2010
6,107
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Apple Passes Microsoft as Most Valuable Technology Company

According to market values, Apple's hand-held tech is worth much more than Microsoft's software.

It only took a few decades, but Microsoft is no longer the top technology company around. According to estimated market value yesterday, Apple managed to overtake the corporation behind Windows and our beloved Xbox 360s [http://www.amazon.com/Xbox-360-120GB-Elite-Spring-Bundle/dp/B002I0J8ZS/ref=sr_1_fkmr0_1?ie=UTF8&qid=1276624218&sr=1-1-fkmr0]. At the closing of the stock market yesterday, Microsoft was estimated to be worth $219.18 billion while Apple was worth slightly more at $222.12 billion.

This is a massive change of fortune for Apple, which nearly died an ignoble death in the mid-90s thanks to its dire finances. Things started to change when Steve Jobs came back to the company in 1996, when things began to turn around and Apple started putting out computers and devices that people actually wanted to buy again.

The secret to Apple's success is two-fold. On one hand, its computers are certainly selling very well, but twice as much revenue is coming in from its various handheld devices. According to Wired, nearly 200,000 iPads [http://www.amazon.com/Apple-iPad-MB292LL-Tablet-16GB/dp/B002C7481G/ref=sr_1_1?ie=UTF8&s=electronics&qid=1276624253&sr=8-1-catcorr] alone are being sold each week, which is more than the number of Mac computers moved from stores.

Granted, this could be a temporary change in the rankings, but it certainly is significant since Microsoft has managed to hold onto the top spot for so long simply because it has become the status quo for the vast majority of computer users. Apple, on the other hand, is constantly working to increase its momentum in the technology markets by releasing new/improved products on a regular basis. As the New York Times explained, "Apple is in a constant battle to one-up itself."

Part of the position change is also due to the fact that Microsoft has lost roughly half of its value since 2000. At least some of the blame for this has been assigned by experts to the various struggles the company has faced with its efforts to be a part of the gaming/consoles, music players, mobile phones, and search engine markets. That said, roughly 90% of users still operate Windows computers and over 500 million people use Microsoft Office software.

While Apple isn't commenting on the shift, Microsoft's CEO Steve Ballmer doesn't seem openly concerned about it. "No technology company on the planet is more profitable than we are," he said when he was asked about it while visiting India to tout Microsoft's cloud-computing technology.

Source: <a href=http://www.nytimes.com/2010/05/27/technology/27apple.html?ref=technology>New York Times


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Danpascooch

Zombie Specialist
Apr 16, 2009
5,231
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CRAP! This is bad, I don't like Apple's policies at all.

"Sure you want this? It's $500, now let's tell you what we are going to allow you to do with it.
Wait, you think YOU get to decide? HA! It's not like you OWN it or anything!"
 

Silver Patriot

New member
Aug 9, 2008
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vansau said:
The secret to Apple's success is two-fold. On one hand, its computers are certainly selling very well, but twice as much revenue is coming in from its various handheld devices. According to Wired, nearly 200,000 iPads alone are being sold each week, which is more than the number of Mac computers moved from stores.
I find that kind of depressing.

On-Topic: I didn't really realise that Apple was that big. Good for them.
 

Caliostro

Headhunter
Jan 23, 2008
3,253
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Meh. Apple's still is still pretty bad.


On the other hand, the most relevant part was seeing the Microsoft chart: Under Bill Gates as CEO - Permanent Rising; Under Ballmer as CEO - Permanent drop.

Come on Ballmer, get with the program.
 

KeyMaster45

Gone Gonzo
Jun 16, 2008
2,846
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Caliostro said:
Meh. Apple's still is still pretty bad.


On the other hand, the most relevant part was seeing the Microsoft chart: Under Bill Gates as CEO - Permanent Rising; Under Ballmer as CEO - Permanent drop.

Come on Ballmer, get with the program.
Just cause Gates retired doesn't mean he still doesn't have stakes in the company. I guarantee that Gates went and raised 9 kinds of hell at Microsoft HQ when he found out about this.
 

Souplex

Souplex Killsplosion Awesomegasm
Jul 29, 2008
10,312
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This is stock value, not market share. Stock value is fairly meaningless to a company's operations.
90% of comps still use Microsoft. Nothing's changed except people's perceptions.
 

Buccura

New member
Aug 13, 2009
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So basically the news here is the iPod, iPhone, and iPads are making a lot of money. Shocking.
 

hamster mk 4

New member
Apr 29, 2008
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They are very profitable because they over charge for everything and have a marketing department so powerful that it can convince people to thank them for it.
 

theSovietConnection

Survivor, VDNKh Station
Jan 14, 2009
2,418
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Stocks mean nothing to me. I think there are still some of us that remember Bre-X [http://en.wikipedia.org/wiki/Bre-X].

EDIT: Damn enter key.

Anyways, like I meant to say, a higher stock value doesn't necessitate a better product, just a better selling one. I'll take my Microsoft computer any day of the week thank you very much.
 

Mrsoupcup

New member
Jan 13, 2009
3,487
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Crap, this is sad... I hate Apple crap so much... Every 8 months they make all thier other products obsolete.
This pretty much is my opinion of Apple and thier Fanboys.
(Yes,they don't make anything but Software and Hardware and the have Fanboys)

 

Aeshi

New member
Dec 22, 2009
2,640
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danpascooch said:
CRAP! This is bad, I don't like Apple's policies at all.

"Sure you want this? It's $500, now let's tell you what we are going to allow you to do with it.
Wait, you think YOU get to decide? HA! It's not like you OWN it or anything!"
Yes microsoft never does anything like that.That's why they split each OS into 5 versions (each full price),had older versions of windows crash if you deleted internet explorer and make random files you downloaded undeleteable for no reason at all.
 

Danpascooch

Zombie Specialist
Apr 16, 2009
5,231
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Aeshi said:
danpascooch said:
CRAP! This is bad, I don't like Apple's policies at all.

"Sure you want this? It's $500, now let's tell you what we are going to allow you to do with it.
Wait, you think YOU get to decide? HA! It's not like you OWN it or anything!"
Yes microsoft never does anything like that.That's why they split each OS into 5 versions (each full price),had older versions of windows crash if you deleted internet explorer and make random files you downloaded undeleteable for no reason at all.
Well, since Microsoft did some bad things Apple must be great.

Flawless logic there.
 

Aeshi

New member
Dec 22, 2009
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Lesser of two evils my friend.I'd like to point out that that could be applied to your post.
 

MorganL4

Person
May 1, 2008
1,364
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Did you guys know that Gates had the idea for an Ipadesce device years ago and ballmer told him it would never sell.....that said Star Trek DS9 had ipads back in the 90's
 

USSR

Probably your average communist.
Oct 4, 2008
2,367
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That's nice, call me when the majority of the people are using them.

Then, and only then, I'll be impressed.
 

oranger

New member
May 27, 2008
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90% of users still use windows? somehow I doubt that....that kind of market value doesn't come from a secondary product like handhelds.
 

More Fun To Compute

New member
Nov 18, 2008
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Well, I guess that Ballmer is right about the profits from windows and office being huge but no doubt that is "priced into the stock" as they say which is why they are well valued and fairly stable. Apple, at the moment, are really good at breaking into new markets and actually making money which is why their stock is going up. Only time will tell if they are overvalued or not and I would guess that if they can't follow up the iPad then their stock will fall.

Just my simple minded interpretation anyway.
 

Visuality

New member
Apr 2, 2010
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Aeshi said:
Lesser of two evils my friend.I'd like to point out that that could be applied to your post.
He never mentions microsoft at all, he just says he doesn't like apples policies.