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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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Apples stock is up over $3 today, pushing it past the $230-a-share mark. Microsofts is down $0.25, pushing it below the $30-a-share mark. While this discrepancy is huge on the surface, it doesnt 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). Thats why Microsofts market cap is higher than Apples, despite the individual stock price difference. But that market cap gap is closing. Quickly. | ||
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