Apple’s Market Cap Surpasses Microsoft Today
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
At the end of the stock market day, Apple Inc. (NASDAQ:AAPL) came out with a higher market capitalization than Microsoft Corporation (NASDAQ:MSFT) The market capitalization of a business is based on the share price times the number of shares outstanding of a public company. Considering that Microsoft and Apple are around the $200 billion mark, they are considered to be “Mega-cap.” Apple’s market cap is at $222.07 billion and Microsoft is at $219.18 billion.