Apple Is Biggest Company in Tech: Passes Microsoft In Market Cap

In one of the biggest and unlikeliest turnarounds in business history, Apple is the most valuable company in technology, passing Microsoft in market capitalization.

Apple’s market cap has passed $227.1 billion — ahead of Microsoft’s $226.3 billion. Apple is up about 1.8% today, and Microsoft down about 1%.

Of course, this may change tomorrow, but for the moment, Apple is the new king of technology.

What a difference a decade makes, when Apple was on the ropes and Microsoft look unassailable. Now, Apple is clearly at the forefront of the next huge wave in tech: mobile. Microsoft isn’t even in the game.

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