Apple shares wins Microsoft by US $ 3 billion

[TedGrullon]

NEW YORK – APPLE, maker of the Macintosh computer, the iPod, iPhone and iPad, dethroned software giant Microsoft on Wednesday as the largest US technology company in terms of market value.

Microsoft shares shed 4.07 per cent on Wednesday to close at US$25.01 (S$35.26), dropping its market capitalisation – the number of shares outstanding multiplied by the stock price – to US$219.18 billion.

Apple shares lost 0.45 per cent meanwhile to close at US$244.05, giving the company a market value of US$222.07 billion.

The only US company with a larger market capitalization than the Cupertino, California-based Apple is ExxonMobil at US$278.64 billion.

Apple stock has risen steadily over the past few years as chief executive Steve Jobs, who returned to Apple in 1997, piloted the release of a string of hit products starting with the iPod in 2001, following by the iPhone in 2007 and the iPad this year.

Apple shares wins Microsoft by US $ 3 billion

 

[shOUTloud]

Wah. This is amazing news and it is a reflection of how good Bill Gates is at getting out of Microsoft asap.

 

[Watchman]

This is old news .

Android will take your head off

Android Now Outselling iPhone [REPORT]

<---http://mashable.com/2010/05/10/android-outselling-iphone/

Smartphones carrying Google’s Android operating system outsold the iPhone in the first quarter of 2010, according to new research out today from NPD.

During the quarter, Android (Android) handsets accounted for 28% of smartphone sales, beating out iPhone OS and its 21% share. BlackBerry was the bestselling OS, with its devices capturing 36% of the market. NPD attributes the shift to strong sales of the Motorola Droid and Droid Eris.

The news follows a report last month from AdMob that showed Android’s share of the mobile OS market had actually grown past that of iPhone OS, at least in the U.S. Worldwide, iPhone OS still has a big lead, however, with 46% share compared to Android’s 25%. AdMob’s data is based on ad requests across mobile websites and applications.

With the new Droid Incredible reportedly selling quite well, this trend may continue in the near-term. However, the fourth-generation iPhone is expected to debut next month. Rumors that the iPhone will soon come to Verizon also continue to intensify, with that carrier’s customers indicating they are ready to welcome the device with open arms. If all of that happens, the numbers could quickly swing back in Apple’s favor. Stay tuned.

 

[Received_by_Kings]

Google is a strange giant. It thrives on structured creativity, that takes it to new heights every now and then.