Apple Beats Microsoft as the World’s Most Valuable Tech Company

If you ask me which company is better than the other, Apple or Microsoft, I would have to tell you Apple. Apple known worldwide to be the maker’s of iPods, iPhones, iPads, Mac laptops and desktops, finally went beyond Microsoft’s technology and was officially recognized as the world’s number 1 and most valuable Technological company last May 26, 2010.

It seemed just a decade ago when Apple was idle and had almost been given up for dead. Microsoft ruled the technological business for almost 2 decades with its profound versions of Windows and Office software. It created a whole new world where people can do almost anything with their computers.

But with Apple’s latest Smartphone technology, it seems that people value the convenience and ease of using smart phones that fits in your hand rather than the one sitting on your desk. Indeed, Apple and its products led us to a whole new level of technology. Apple still sells computers but the company earns twice as much in their music and hand-held devices. As reported by New York Times, Apple sold about 172 million smart phones in 2009 and 306 million computers. Surprisingly enough its smart phone sales are rapidly picking up its pace even 5 times faster.

Remarkably, Wall Street valued Apple at $222.12 billion beating Microsoft’s $219.18 billion. However, Microsoft’s revenue is about $58.4 billion compared to Apple’s 42.9 billion. But some say it’s only a matter of time before Apple will dominate Microsoft’s revenue.

According to Jim Breyer, a venture capitalist this is the most significant turnaround of events in Silicon Valley as reported by NY Times. Ironically, Apple’s co-founder, Steve Jobs, used to work behind the shadows of Bill Gates, co-founder of Microsoft. This only proves that technology constantly evolves and will still do for the next years to come.

Now that Apple is in the lead, the battle is no longer between Apple and Microsoft, but Apple vs. Google, who will be a tough competitor. It seems only yesterday when Michael Dell suggested that Apple should call it quits and return money to its shareholders but now, Dell is only about 1/10 of Apple.

Amazingly, Steve Jobs took Apple to its peak starting its humble developments by creating iPods in 2006 and collaborating with Sony in music distribution through iTunes which later dominated the business. And later, introducing the latest iPhone technology which even overcame Nokia and iPad, a tablet computer that revolutionizes how people used to interact with computers. The iPad’s multi-touch screen allows users to experience the best way to view emails, photos and videos.

Source: NY Times

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  1. 1
    Laurice Guadagnolo // January 18th, 2011 at 7:37 AM

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