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
7 hours, 38 minutes ago
Week in Views - Squad Busters goes global, broken app stores, and Hill Climb Racing gets the LEGO treatment
News
9 hours, 49 minutes ago
Stumble Guys welcomes Looney Tunes characters in latest high-profile crossover
News
7 hours, 38 minutes ago
Week in Views - Squad Busters goes global, broken app stores, and Hill Climb Racing gets the LEGO treatment
News
May 31st, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
Indie Game Fest & Indie Campus 2024 | Europe | May 31st |
Game Access Conference 2024 | Europe | May 31st |
Indie Craft K-Game Festival 2024 | Europe | May 31st |
Gaymer Pride | North America | Jun 1st |
BostonFig Online 2024 | Jun 1st | |
GameSummit Summer 2024 | Jun 1st | |
Gotland Game Conference 2024 | Nordic | Jun 3rd |
Games Mental Health Summit 2024 | Europe | Jun 3rd |