If you picked Apple’s IPO over Microsoft’s, you can start crying now

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Microsoft Windows
Apple may be the cooler company, but Microsoft's where the money is.
Photo: Microsoft

If you’d had the foresight to invest in Apple and Microsoft back when they first went public, it’s no secret that you’d be sitting on a big old pile of cash today.

But which company would have made you more money? CNBC recently crunched the numbers and, well, the results are somewhat surprising.

No, Microsoft didn’t overtake Apple as most valuable tech giant

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money
But that does't mean it can't happen in the near future.
Photo: Ste Smith/Cult of Mac

A number of news outlets reported over the weekend that Microsoft briefly overtook Apple as the most valuable U.S. company. This followed several weeks of precipitous declines for Apple, which has seen billions of dollars wiped off its market cap.

In fact, Apple continues to lead Microsoft with a valuation of $817.6 billion to Microsoft’s $791 billion. The incorrect reports were caused by confusion about Apple’s number of outstanding shares, used to calculate market cap. Microsoft is definitely getting closer, though!