And…Boom: Apple Worth More Than Microsoft

“We have to let go of the notion that for Apple to win, Microsoft needs to lose.” — Apple CEO Steve Jobs, August 1997

And there it is. Today Apple, not Microsoft is the world’s most valuable technology company.

As I write this Apple (AAPL) shares are trading at $244.87, giving it a market capitalization of $223.1 billion. Meanwhile, shares of Microsoft (MSFT) are trading at $24.79 and the company’s market cap sits at $217.78 billion (see table below; click to enlarge).

And so Cupertino has finally surpassed Redmond in total value. The only American company with a market cap greater than Apple is Exxon Mobil (XOM).

UPDATE: Apple closed the day well ahead of Microsoft. Its market cap: $222.07 billion; Microsoft’s: $219.18 billion.

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