Sunday, June 5, 2011
Apple Value Greater Than Microsoft and Intel Combined
Posted by Jeff Campbell in "The Competition" @ 03:00 PM
"At market close today, Microsoft (MSFT) had a market value of $201.59 billion. The market value of Intel (INTC) stands at $115.21 billion."
This was on Friday, and while it is quite a large value for either one, Apple did a bit better. At close of business Friday Apple's value was, wait for it, $317.60 billion, greater than the sum of Microsoft and Intel combined. Going into WWDC tomorrow that is quite a tasty bit of news that I'm sure will be mentioned. But before Apple gets too full of themselves, they best take heed to this Bill Gates quote about Steve Jobs from about 13 years ago: 'What I can't figure out is why he is even trying to be the CEO of Apple? He knows he can't win.'
Indeed.