symbolset's Journal: Each day it seems, AAPL grows closer to MSFT

For a long time now, Apple's total value in the market, or market capitalization, has grown relative to Microsoft. In April it was reported that Apple has passed Microsoft on the S&P 500, but many people pointed out that this was an adjusted figure, not raw market cap.

The difference between them has shrunk from over $100 Billion to only $3.1 Billion today. Given the rate of change it's reasonable to expect that Apple will pass Microsoft in this key metric before the end of June, perhaps as soon as next week. Possibly even tomorrow.

This is important because Microsoft's influence in the maketplace is disproportionate to the value of their products. It's driven largely by a long history of fear, a perception of invincibility. That another company can rise up and topple them from the height of America's largest tech company should have remarkable impacts on all the other tech companies. We may see more innovation because of this.