The New York Times
Wed, May 26, 2010 -- 3:02 PM ET
-----
Apple Surpasses Microsoft as Most Valuable Technology Company
Apple, the maker of iPods, iPhones and iPads, overtook
Microsoft, the computer software giant, on Wednesday to
become the world's most valuable technology company.
In intraday trading in the afternoon session, Apple shares
rose 1.8 percent, which gave the company a value of $227.1
billion. Shares of Microsoft declined about 1 percent, giving
the company a market capitalization of $226.3 billion.
This changing of the guard caps one of the most stunning
turnarounds in business history, as Apple had been given up
for dead only a decade earlier. But the rapidly rising value
attached to Apple by investors also heralds a cultural shift:
Consumer tastes have overtaken the needs of business as the
leading force shaping technology.
Read More:
http://www.nytimes.com/2010/05/27/technology/27apple.html?emc=na
-----
Now get New York Times breaking news alerts sent to your mobile phone.
Sign up by texting NEWSALERTS to 698698 (NYTNYT).
-----
About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.
To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email
NYTimes.com
620 Eighth Ave.
New York, NY 10018
Copyright 2010 The New York Times Company
No comments:
Post a Comment