Apple finished the trading day today more valuable than Microsoft, second only to Exxon Mobil among U.S. companies. As Dylan Tweney notes, the truly staggering figure is the comparative growth. If you invested $1000 in AAPL ten years ago, you have more than $10,000 today. If you invested $1000 in MSFT, you have about $800 today. There are no zeroes missing: Microsoft’s market capitalization has declined nearly 20% over the last decade.
It could all change tomorrow, but it’s a remarkable milestone for anyone who remembers the nineties. Maybe that buyout isn’t too far off after all.