Despite its share price dropping $1.17 or 0.48 percent on the day, as predicted, Apple finally overtook Microsoft as the second most valuable company on the US stock exchange, measured by market capitalisation.
At the end of trading, Apple was worth $222.07 billion and Microsoft - its share price dropped 4.07 percent or $1.06 on the day - was worth $219.18 billion.
Only Exxon Mobile - valued at $278.6 billion - is worth more in the US.
Of course, shares can go up as well as down, and how either company will perform relatively in these future troubled economic times is hard to judge.
While Apple is selling more iPhones quarter on quarter and seems likely to announce more sparkling iPad figures over the weekend as it launches in nine new countries, its revenue is based on personal expenditure compared to Microsoft's more business focused sales.
Maybe the second round of the Steves will go in Ballmer's favour?
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
News
1 hour, 32 minutes ago
How user consent for personalised ads can significantly increase your Android revenue
News
1 hour, 42 minutes ago
Supercell invests in web3 startup GFAL led by King, EA and Activision Blizzard veterans
Feature
1 hour, 12 minutes ago
AI everywhere: Using neural networks for asset creation, marketing and more
Feature
Apr 30th, 2024
Hear MORE from the experts - eight MORE fabulous fireside chats from PGC London 2024
Events
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
WN Conference Istanbul 2024 | Jun 11th | |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
News
Apr 25th, 2024
Everyone loves Nintendo… Delta emulator hits 4.4 million downloads in its first week
News
Apr 23rd, 2024