Technology Giant Apple Exceeds Software Giant Microsoft.
Apple overtook Microsoft, the computer software giant, on Wednesday to become the world’s most valuable technology company.
In the afternoon session in intraday trading, Apple shares rose 1.8 percent, giving the company a value of $227.1 billion where as shares value of Microsoft reduced to 1 percent, giving the company a market values of $226.3 billion.
Now it seems that the Microsoft, who has dominated the market for over two decades with its Windows and Office software franchises are over shadowed by the slide of a finger across a smartphone’s touch-screen.
This change is one of the most amazing turn of events in business history, as Apple was considered dead only a decade earlier.
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Posted by AnnabelleLion on May 27 2010 Filed under Business. You can follow any responses to this entry through the . You can leave a response or trackback to this entry
