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What Happens When Apple Passes Microsoft In Value? Yes, When. | |
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| Time: 07:28 EST/12:28 GMT | News Source: TechCrunch | Posted By: Kenneth van Surksum | ||
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Apple’s stock is up over $3 today, pushing it past the $230-a-share mark. Microsoft’s is down $0.25, pushing it below the $30-a-share mark. While this discrepancy is huge on the surface, it doesn’t mean all that much because there are many, many more outstanding shares of Microsoft stock out there on the market (ten times more, in fact). That’s why Microsoft’s market cap is higher than Apple’s, despite the individual stock price difference. But that market cap gap is closing. Quickly. | ||
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