New King of Technology: Apple Overtakes Microsoft

http://www.nytimes.com/2010/05/27/technology/27apple.html?src=busln

Apple, the maker of iPods, iPhones and iPads, overtook Microsoft, the computer software giant, on Wednesday to become the world’s most valuable technology company.

In intraday trading shortly after 2:30 p.m., Apple shares rose 1.8 percent, which gave the company a value of $227.1 billion. Shares of Microsoft declined about 1 percent, giving the company a market capitalization of $226.3 billion.

Apple retained the spot at the close, even as both shares declined. Microsoft dropped 4 percent to end the day with a market cap of $219.2 billion and Apple fell 1.1 percent to end at $222.1 billion.

The only American company valued higher is Exxon Mobil, with a market capitalization of $282 billion.

BMW for example has small market share and GM had lots of market share however GM went bankrupt and BMW didn't.

If you and I opened $100 bill stores and you sold your $100 bills for $99 and I sold mine for $101 you might have more marketshare but I guarantee you that you will go bankrupt first.

That being said market cap is essentially a derivative.

I would consider revenue and net income to be more important.
Microsoft
TTM revenue: $58.4 billion
TTM profit: $14.6 billion

Apple
TTM revenue: $42.8 billion
TTM profit: $8.2 billion

Now to move on to their next pump job.....