market capitalization

Thu
27
May
Dennis Faas's picture

Apple Overtakes Microsoft As Biggest Tech Firm

This week marked a historic, albeit merely symbolic moment in technology history. For the first time, Apple is worth more than Microsoft. The statistic in question is the market capitalization of the two companies, namely the current stock price ... multiplied by the number of shares. In theory it's the price you'd have to pay to take over the company -- though in reality, either the sellers or buyers controlling the deal would ultimately affect the takeover price. As of the end of trading on Wednesday, Apple's value was $222 billion, overtaking Microsoft's $219 billion. As well as taking the top ... (view more)

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