Apple's Market Value Greater than Windows and Intel Combined

[Phillip Swanson]

It's been a good run for Steve Jobs as CEO of Apple the second time around. The man has steered the ship so to speak as Apple has released three market defining products in the iPod, iPhone, and iPad.

Apple's become iConic, if you will.

Friday as the New York Stock Exchange came to a close after six straight days of losses, and a poor jobs report left investors wary, amidst all the distress Jobs' second tenure as Apple CEO achieved another landmark. Apple's market value closed at $317.6 billion, or more than the market value of Microsoft and Intel combined.

Shares of Apple traded at $8.41 a share the day the iPod was released in 2001. On Friday Apple's stock closed at $343.38 a share. Microsoft's stock closed Friday at $23.87, nearly half of what it was worth back in 2001.

Ballmer has to hate this fact, even if he is absurdly rich.

Source: MacDailyNews

[PlatoTheForms]

and the ipad just got started

[Radex]

and the ipad just got started

Haha, undoubtedly. Still, I wish Microsoft did not cancel the Courier tablet project . I think it would have been a viable competitor to the iPad at the time.

[zoso10]

Wow it really seems since Ballmer took over Microsoft they went downhill fast.

[bigboyz]

haha! I love it! My PC lovers always argue this point...they say Microsoft has had a slow start to mp3 players, tablets and smart phones. I say yes they have and they have done very little to change it. They are almost 3 years behind the tablet race...they are also far behind in the smart phone race...and we already know what happened to the Zune player hahaha! Quality over quantity is what i say...