Apple’s stock price jumped up quite a bit in the last few days (up to $493), which now makes it worth $456 billion, which is worth more than the two other computer superpowers, Microsoft and Google, combined.
Google’s shareprice is currently trading at 189.9 billion, after it took a 9 percent knock on recent missed expectations for earnings and revenue. Microsoft’s Windows division took a 6 percent revenue drop to $4.7 billion, but the rest of the company did very well. This is also thanks to the Xbox division which has finally turned profitable for Microsoft.
Now Apple’s market cap has grown tremendously, part in thanks to the iPhone business, which is alone worth $222 billion. Think about that for a second – the iPhone business revenue is now worth more than Microsoft. And this from a product that did not exist 5 years ago. This makes this interview with Steve Ballmer even funnier – watch his reaction after he gets asked what he thinks of the iPhone:
Famous last words.