Bigger than Microsoft?

Wednesday, May 26, 2010 23:05
Posted in category Markets, USA Finance

Now Apple is considered to be the biggest technological company in the world. According to the trading on Wednesday, the total value of Apple makes $222bn, while Microsoft is valued at $219bn.

How is the company’s worth calculated? You have to multiply the current share price by the number of shares. This is called market capitalization.

Apple, which almost went out of business in the 1990s, owes its success to making computers, iPhones, iPods, and ,at the moment, iPads.

The last time when Apple left Microsoft behind, was in the late 1980s.

It is a well-known fact that more than 90 % of the world’s personal computers use the operating system of Microsoft. However, the company has not managed to constantly increase its sales figures since it was in its prime, although sales are still higher than of its rival’s.
What is in store? – The next generation of the iPhone, which will allow you to use the whole range of different activities, right up to restaurant reservation!

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