Even though Apple recorded record revenues earlier this week, it is still trailing Microsoft, which just reported its own record revenues.
There had been some speculation earlier this week that Apple might surpass Microsoft in revenues for the first time.
However, Microsoft is still one jump ahead: It just had its best Q4 ever with $16.04 billion in revenue.
Apple recorded $15.7 billion in revenue.
Microsoft made the haul on sales of its old stalwarts, the Windows and Office software lines. It’s online and entertainment divisions, which include its mobile efforts, lost $696 million and $172 million respectively.
It’s only a matter of time before Apple passes Microsoft in revenues, and will likely come next quarter. Apple is estimating $18 billion but may hit $20 billion: it routinely lowballs Wall St. Apple already passed Microsoft’s market capitalization in May.
To see how big Apple could get, check out this Macworld story: Think Apple is big now? You ain’t seen nothing yet, which argues that Apple’s iPad, iPhone and overseas businesses are just getting started, while the Mac goes from strength to strength.