Earlier this week, Apple’s market cap surpassed Microsoft’s, making it the second largest corporation in the US behind Exxon.
9 to 5 Mac came up with the snazzy chart below which measures Apple and Microsoft’s stock performance under a progression of CEOs. As you can tell, Microsoft started taking a dive almost right when Steve Ballmer took over for Bill Gates. Either Ballmer has no idea what he’s doing or Gates shrewdly got out at exactly the right time.
Apple, meanwhile, has seen its market cap consistently increase since 2005.
Fri, May 28, 2010
Finance, News