Apple Now The Most Valuable Tech Company By $100 Billion, let’s look at where we are today.
As of market close this afternoon, Apple is now a full $100 billion past Microsoft.
Yes, Apple is the most valuable tech company in the world by $100 billion dollars. To put that in some perspective: the market cap of HP is $105 billion. Apple is now worth an HP more than every other tech company.
As of today, Apple’s market cap is now $330 billion while Microsoft’s is $228 billion. In these past 9 months, Apple has gained $100 billion in value. Microsoft? $1 billion.
In fact, not only is it clear now that Microsoft will not be re-taking the crown as the most-valuable tech company any time soon, but they’re flirting with being knocked down to the number three — or even number four spot. In the past year, while Microsoft’s stock is down slightly, Google’s is up nearly $100-a-share. This has allowed the search giant to surpass the $200 billion market cap themselves. And they’re now just $28 billion away from Microsoft.
To put it another way, Google is much closer to Microsoft in terms of market cap than Apple was last year. Another killer quarter and Google may be able to take them down as well.
Meanwhile, IBM is a little bit closer at $202 billion. Their stock is up nearly 40 points in the past year. They have a shot of passing Microsoft too.
Apple passed Microsoft last year
Apple is the most valuable tech company for a very good reason.
Oh, and just in case you were wondering, Apple is still a little over $90 billion away from becoming the overall most valuable public company in the world. Exxon’s market cap stands at $422 billion — and the stock, much like Apple’s, continues to be on a tear.
