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Apple passes Microsoft to be biggest tech company
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=8495
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Author:  Amnesia10 [ Thu May 27, 2010 1:31 am ]
Post subject:  Apple passes Microsoft to be biggest tech company

http://news.bbc.co.uk/1/hi/business/10168684.stm

Quote:
Apple has pushed past arch-rival Microsoft to become the world's biggest technology company.

Changes in the share price values of the two in Wednesday's choppy trading left the total value of Apple at $222bn (£154bn).

Microsoft is now valued by investors at $219bn.

The worth, known as market capitalisation, is calculated by multiplying the number of shares in a company by the current share price.

Although Apple shares closed down 0.4%, Microsoft fell by 4%.

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