Friday, May 28, 2010

Apple worth more than Microsoft

Did you hear that Apple just recently overtook Microsoft in market capitilization? It is hard to imagine that having a very successful portable music player and cell phone can rocket you ahead of Microsoft. Sure Apple still sells computers, but supposedly it only accounts for 1/3 of Apples income. Only Exxon has a bigger market cap than Apple. Sure market cap is not the same as having more profits, but it shows that investors are tending to think of Microsoft as a has been, and Apple as the future as far as growth is concern. And for good reason. Not many company's tend to have one home run after another. But still, what can come after the iPad? The iFridge? Not quite as marketable, but it would have a touch screen door to interface with. The iCar? Hey why not? There are so many computer chips in cars these days that it is the software which makes it all work more so now than the actually hardware. Similar to computers. Don't get me wrong, I would love to see Apple make everything in our lives better. They are one of the few companies which can join style and function in the same device. I love it when the Apple haters diss Apple for making their products too pretty. I don't get it. Is it possible to have too cool of a product design? Just like it is not possible to be too young or too rich. Anyway, keep going Apple. Keep making our lives a little bit cooler. I am starting to feel like we are entering the age of the Jetson's thanks to Apple.

1 comment:

Macintosha Fanatica said...

I could not agree more, Stitch. I still can't believe that, not long ago, we were marveling over how Apple overtook Dell in market cap, but Microsoft?? THat's still hard to believe. And consider that their product line is very focused - they don't just go into any market because they can. (Microsoft went into the MP3 player market, probably without the best fore thought, in my opinion). I think Apple really contemplates long and hard about whether they should enter a market.

Tale the PDA's of the late 90's, for example. Everyone was saying Apple needed to get into that space. I think they even developed a prototype, but they never released it. And look at what happened to the pure PDA market - it was engulfed by the mobile phone market!

I am still in awe of the changes in technology we have witnessed!