Strudelkugel writes: The New York Times reports that Apple's valuation now exceeds the market cap of Microsoft for the first time: In intraday trading shortly after 2:30 p.m., Apple shares rose 1.8 percent, which gave the company a value of $227.1 billion. Shares of Microsoft declined about 1 percent, giving the company a market capitalization of $226.3 billion.The only American company valued higher is Exxon Mobil, with a market capitalization of $282 billion.This changing of the guard caps one of the most stunning turnarounds in business history, as Apple had been given up for dead only a decade earlier. But the rapidly rising value attached to Apple by investors also heralds a cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.
richaemry writes: The New York Times reports that shortly after 2:30pm on May 26 2010 that shares of Apple rose to a value of 227.1 billion and shares of Microsoft declined to a value 226.3 billion making apple the most valuable tech stock in the world. The only American company worth mare money is Exxon Mobile valued at 282 billion.
4roddas writes: Reports circulated Wednesday that Apple may demo the next iteration of Mac OS X next week or even release code to developers in preparation for an early-2009 launch.
According to an account on Mac enthusiast site TUAW (The Unofficial Apple Weblog), Apple may provide early copies of Mac OS X 10.6 at next week's Worldwide Developers Conference (WWDC), which opens Monday and runs through next Friday in San Francisco.
Mac OS X 10.6 will run on Intel -based hardware only, said TUAW, and so will mark the ditching of support for the older PowerPC processor-equipped Macs. Apple announced it would shift to Intel processors three years ago, and unveiled the first systems in January 2006; most analysts have said that move is largely behind the reason for Apple's renewed success selling personal computers. It has never disclosed how long it would support the PowerPC with OS upgrades, however.
Technology site ars technica also weighed in Wednesday on Mac OS X 10.6; its sources pegged with OS with the code name "Snow Leopard."