On wednesday May 26th, 2010 apple passes Microsoft to become a bigger company. The market worth of apple reached at $222bn compared to $210bn of Microsoft. The worth, known as market capitalisation, is calculated by multiplying the number of shares in a company by the current share price. The Apple shares closed down 0.4%, Microsoft fell by 4%. Apple makes computers like iMac, Mackbook, Macbook Pro , Mackbook Air, iPods, iPhones and now iPads, almost went out of business in the 1990s.
Not only this Microsoft is also on a big loss in the search engine markete where Google is leading the market.