Wednesday, May 26, 2010

Apple tops Microsoft as world's most valuable tech firm...


Apple just passed a major milestone today, becoming the world's largest technology generating company as measured by the total value of its shares.

Apple's market capitalization stood at $223 billion, near the close of trading on the Nasdaq exchange. Microsoft is at No. 2,which had a market cap of $219.3 billion.

It is the first time that Apple's total share worth climbed above that of Microsoft's.

It is really awesome news for Apple and its fans conidering the fact that seven years ago, the company traded at less than cash.

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