Apple Now Worth More Than Microsoft & Intel Combined
by Joe White
June 4, 2011
A recent article by Cult of Mac has drawn our attention to something extremely interesting, and a little breathtaking, too. At the close of markets yesterday, Apple (APPL) was worth more than Microsoft (MSFT) and Intel (INTC) combined.
Impressed? I am, too. Here are the details, outlined by Cult of Mac:
Obviously, Microsoft and Intel combined gives a grand total of $316.8 billion, while Apple is still ahead at $317.60 billion. This really is astonishing, considering the climb Apple has had to undertake in order to become the massive company it is today. Apple's line of iPods, the introduction of the iPhone (and iPad) and the growth of the Mac have all resulted in Apple becoming, well, huge. And with the impending launch of a cloud-based service, Apple is only going to get bigger and richer. And bigger. And richer. Let us know your thoughts in the comments.
- Apple (AAPL) — $317.60 billion
- Microsoft (MSFT) — $201.59 billion
- Intel (INTC) — $115.21 billion