Posted by: The moderator | May 27, 2010

Changing Fortunes for Apple and Microsoft

Way to go Apple! The quirky California company has overtaken Washington-based Microsoft as the biggest tech company and is now the second largest company on the S&P 500, behind only ExxonMobil. This is the first time Apple’s market value has been worth more than Microsoft since 1989. Of course, Apple’s stock prices have already been clobbering Microsoft during the past decade thanks to Apple’s trendsetting iPod and a renewed attempt to bring Macs into the mainstream. Heck, even Valve has ported their Steam content management system to the Mac, making Apple’s computers a viable platform for hard-core gamers (think Counterstrike). Not bad for a company that almost went belly-up in the ’90s and had to get help from its competitors to stay alive.


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