Apple Overtakes Microsoft in Becoming the World’s Biggest Technology Company
Being the biggest technology company is a really great honor for any company of the world and earlier Microsoft got this crown over its head and then Apple surpasses Microsoft in this regard. According to the reports Apple’s market capitalization officially passed Microsoft’s Wednesday afternoon and make it the world’s biggest technology company. Apple is now valued at $222bn which was seen by close of trading in New York this Wednesday and which is quite ahead from Microsoft’s value at $219bn.
This much increase in Apple’s reputation is greatly because of the iPad and other technologically advances products that the company is bringing for the international markets. It has been reported that the shares of Apple were worth more than 10 times what they are 10 years ago and the credit goes to the revolutionary stylish and highly advance products released by the company.
The Microsoft whose window is leading 90 percent of the World’s PC is a bit weak in this regard and its stock is 20 percent down from the record obtained 10 years ago. Thus the Canada-based company has strengthen its feet on the international platform and due to the intense hard work and innovative products the company is expected to retain its position for quite some time.
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