Apple passed Microsoft in terms of market cap for the 1st time yesterday.
As of the end of the day on Wednesday, Apple has passed Microsoft in terms of market capitalization, with a value of roughly $222 billion–about $3 billion ahead of Microsoft.
Apple’s share price closed at $244.11, down $1.11 (0.45%) for the day. Microsoft, closed at $25.01, down $1.06 (4.07%).
Based on those closing prices, Apple’s market capitalization stood at $221.36 billion and Microsoft’s $219.35 Billion.
Apple is now the second most valuable company in America, after Exxon Mobil.
Apple’s share price has climbed nearly 520% over the past five years. Microsoft’s is up 9.5%.