At the close of the final trading day of May, Apple’s share price (Ticker Symbol: AAPL) rested at $256.88, giving the company a market capitalization of $233.74 billion. Microsoft’s market cap (or sum value of all shares outstanding) sat at $226.11 billion.

For those of us who have followed the often bitter rivalry between Apple and Microsoft, this juxtaposition in market value is worthy of note. As publicly traded American companies, only Exxon Mobil commands a higher market value than Apple at this time.

Under the leadership of CEO Steve Jobs, Apple’s success in the handheld digital device markets with the iPod, the iPhone, and now the iPad has erased the effects of Apple’s fall from prominence in the mid 1990s when a succession of CEOs failed to return the company to its former glory. Apple’s resurgence during the first decade of the new century and its continuing development of exciting new products is reflected in the company’s market value.

Source: http://www.atpm.com/16.06/welcome.shtml

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