Can Apple surpass Microsoft as the world’s most valuable tech company?
Tuesday, November 10, 2009 - 11:45 AM EST"Apple Inc's phoenix-like rise from the ashes has propelled its market value to $180 billion, raising the possibility that it could challenge Microsoft Corp for the technology crown," Gabriel Madway reports for Reuters.
"Microsoft is now the world's most valuable tech company with a commanding market capitalization of $250 billion. Its Windows software is in nine out of 10 personal computers," Madway reports. "It would take impressive execution for any company to unseat Microsoft at the top of the technology heap."
MacDailyNews Take: Impressive execution, you say?
• Apple mows down Street, backs up, runs over it again: $9.87B rev., $1.67B profit; sells 3.05M Macs - October 19, 2009
• Apple beats Street with best non-holiday quarter revenue and earnings in Apple history - July 21, 2009
• Apple smashes Street; reports best non-holiday quarter revenue and earnings in company history - April 22, 2009
• Apple demolishes Street with best quarterly revenue and earnings in company history in fiscal Q109 - January 21, 2009
• Apple bulldozes Street: $1.26 EPS; Mac sales reach all-time high of 2.5m, 6.9m iPhones, 11m iPods - October 21, 2008
• Apple smashes Street; reports record third quarter results, all-time high Mac sales - July 21, 2008
• Apple smashes Street, reports record second quarter results - April 23, 2008
• Apple beats Street; reports best quarterly revenue and earnings in company history - January 22, 2008
Versus:
• Microsoft axes another 800 employees on top of the 5,000 already terminated - November 04, 2009
• Apple’s Mac share grew after Microsoft’s Windows 7ista debut - November 02, 2009
• Microsoft revenue down 14%, profit plummets 18% - October 23, 2009
• Microsoft CEO Ballmer gets $25,000 raise as company profit plummets 17% - September 19, 2009
• Microsoft shares plunge after quarterly profit disappoints; net income drops 29% - July 23, 2009
• Microsoft axes 5,000 jobs in first-ever companywide firings as revenue, profits miss expectations - January 22, 2009
Madway continues, "But Apple, flush with cash and fat margins, has catalysts in the iPhone, the Mac PC and a highly anticipated but unconfirmed tablet device expected to launch next year, analysts and investors say."
"Apple's revenue is still far smaller than that of its arch nemesis, but it is growing at a more rapid rate. Apple's annual revenue has more than doubled since 2005 to $36.5 billion, with earnings per share up more than four-fold to $6.29," Madway reports. "Over the same period, Microsoft's revenue has risen 47 percent to $58.4 billion, with EPS up 45 percent to $1.62."
Madway reports, "Apple's shareholders have been handsomely rewarded over the past decade, with its stock up close to 900 percent. Over the same period, Microsoft's shares have fallen around 35 percent."
Read more in the full article here.
MacDailyNews Note: Apple's (AAPL) current market value stands at $181.44 billion. Microsoft's (MiSFiT) is $258.38 billion.
[Thanks to MacDailyNews Reader "Joe Architect" for the heads up.]


There are a bunch of morons over at gizmodo who seem to think it's not possible for this to happen. I know a few former CEO's of Motorola and Palm who thought along those same lines. Stupid people generally remain stupid.