Saturday, May 29, 2010

Apple Becomes Largest Tech Firm in the World

Apple Inc. has taken over as the biggest tech firm in the world based on market capitalisation, or what the companie´s shares are worth in dollars. Although Apple shares dropped over night to US$244.11.

This set Apple´s value at about US$222 billion. Microsoft´s stock fell 4.1% leaving the company with a market cap of approximately US$219 billion. The only US company now with a larger market cap than Apple is the Exxon Mobil Corp.

http://www.shortnews.com/start.cfm?id=84255

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