iWon: Apple Now Bigger Than Microsoft In Sign of the Times [View All]

[Stinky The Clown]

There was a time -- seems like ancient history, doesn't it? -- when Apple (AAPL) played David to Microsoft's (MSFT) Goliath.

No more. At the close of Wednesday's stock trading session, Apple's market capitalization stood at $222 billion, surpassing Microsoft, which had a value of $219 billion. Tech watchers hailed Apple's feat as the end of an era, changing of the guard, pick your metaphor.

The development is a symbolic victory for Apple, which has sparred with Microsoft for over two decades, as well as a sign of the times. Today, Apple is arguably the hottest company on the planet, while Microsoft -- still huge by any measure -- is falling behind.

Shift From Desktop to Mobile

More than anything else, the milestone signals the increasing shift from desktop computing, where Microsoft has long reigned, to mobile computing, where Apple has become the belle of the ball, thanks to wildly popular products like the iPhone, iPod and iPad.

More at this link: http://www.dailyfinance.com/story/iwon-apple-now-bigger-than-microsoft-in-sign-of-the-times/19492931/