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Edition: U.S. Article Comments (7) Save Email Print Reprints Most Popular Most Shared WRAPUP 10-BP starts deep-sea bid to plug gushing oil well 3:18pm EDT Risque Venus brings Moulin Rouge style to French Open 1:18pm EDT BP had warning signs before Gulf blast: panel | Video 12:13pm EDT Scherzinger wins "Dancing With the Stars" 1:34am EDT Regional summit to test China's Wen over North Korea 5:40am EDT Special report: Civil fine in Gulf spill could be $4,300 barrel 8:25am EDT BP starts deep-sea bid to plug gushing oil well | Video 4:14pm EDT Obama tells military: prepare for North Korea aggression 24 May 2010 North Korea threatens to cut last link with South | Video 12:57pm EDT BP gets approval to proceed with "top kill" plan | Video 1:06pm EDT Risque Venus brings Moulin Rouge style to French Open 1:18pm EDT Special report: Civil fine in Gulf spill could be $4,300 barrel 8:25am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 BP had warning signs before Gulf blast: panel | Video 12:13pm EDT FDA probes hundreds of problems with J&J medicines 10:24am EDT WRAPUP 10-BP starts deep-sea bid to plug gushing oil well 3:18pm EDT BP-owned Alaska oil pipeline shut after spill 25 May 2010 Apple knocks off Microsoft as biggest tech 3:11pm EDT Dell's Streak readies for battle with iPad 25 May 2010 FDA says acid reflux drugs carry fracture risk 25 May 2010 Apple knocks off Microsoft as biggest tech SEATTLE Wed May 26, 2010 3:11pm EDT Related News UPDATE 1-Apple knocks off Microsoft as biggest tech 3:09pm EDT Apple briefly becomes largest tech company 2:52pm EDT Apple briefly becomes largest tech company 2:14pm EDT Microsoft Xbox, phone chief out as unit struggles Tue, May 25 2010 UPDATE 2-Microsoft Xbox, phone chief out as unit struggles Tue, May 25 2010 SEATTLE (Reuters) - Apple Inc shot past Microsoft Corp as the world's biggest tech company as measured by market value on Wednesday, the latest milestone in the resurgence of the maker of the iPhone, which nearly went out of business in the 1990s. Technology | Media Apple's shares rose 1 percent on Nasdaq on Wednesday, pushing its market value up to $225.1 billion and ahead of Microsoft's $222.7 billion, according to Reuters data. Apple shares were up 1 percent above $247 in late afternoon trading. Microsoft shares were down 2.2 percent to $25.50. Shares of Apple are worth more than 10 times what they were 10 years ago, as it has profited from revolutionizing consumer electronics with its stylish, easy to use products such as the iPod, iPhone and MacBook laptops. Microsoft, whose operating system runs on more than 90 percent of the world's PCs, has not been able to match growth rates of previous years. Its stock is down about 18 percent from 10 years ago. Apple, which struggled for many years to get its products into the mainstream, resorted to a $150 million investment from the much larger Microsoft in 1997 in order to keep it afloat. Cupertino, California-based Apple is now the second-largest company on the S&P 500 index by market value, behind energy behemoth Exxon Mobil Corp. (Reporting by Bill Rigby and Rodrigo Campos; Editing by Gary Hill) Technology Media Comments See All Comments (7) | Post Comment May 26, 2010 3:52pm EDT —— resorted to a $150 million investment from the much larger Microsoft in 1997 in order to keep it afloat. ——— this is false, Apple decided to drop a bunch of lawsuits agains MSFT for a 1 time payment, and a promise to support office.. in exchange for using IE as the browser of choice… Apple at the time was spending $150 million every 10 days on business expenses… so obviously since they lasted more than 10 days, the payment had nothing to do with survival, it was a token payment at best and had little impact… honkj Report As Abusive May 26, 2010 3:56pm EDT interesting,150 mill,huh,beats a holding company,switch,next,kinda like the democrats & republicans,working together to stymie any actual exsclusionary INNOVATION,ka-ching,now that ya mention it I am starting to notice a pattern,lets go shopping for garbage everybody,all at the same time agentjacktoads Report As Abusive May 26, 2010 3:59pm EDT It was about time, Apple, with its huge commercial and marketing stronghold and amidst its pre-organised and pre-arranged media hype extravaganza of i-things, to surpass a giant with dos feet! This is news to be carefully considered from all of us. Companies that make no great improvement over dos os still have 90% market share and other companies that only ride the wave of commercialism are now the biggest US companies ahead of manufacturing or financial giants. philipsfun Report As Abusive May 26, 2010 4:15pm EDT A tale of two CEO’s — Jobs and Ballmer. One a compulsive innovator, both business and product, the other a solid, Rah-Rah salesman. When Gates left we should have posted the sign “Innovation has left the building.” TomMariner Report As Abusive May 26, 2010 4:33pm EDT Microsoft still earns about twice what Apple does. “Dos feet” or not, a software company cannot be compared to a hardware company except by how much is left at the end of the day, when all expenses are tallied. That’s where Microsoft comes out on top. fmcart Report As Abusive May 26, 2010 4:38pm EDT So while America runs on dunkin… sorry … Microsoft, Oracle, SAP, IBM, SUN etc from the real tech companies, Apple wins the race making consumer toys. Sad state really. mcbush1 Report As Abusive May 26, 2010 4:56pm EDT I develop on the iPod Touch. After comparing it’s performance to my stupid, useless, slow, buggy, Windows Mobile 6 Palm Treo, I wish I would have gone with the iPhone. ** CHECK OUT MY IPHONE APPS: ShatterBall, BalloonMaker ** thinkB4Utype Report As Abusive See All Comments (7) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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