Apple
What Apple's website looked like in 2010.
- Microsoft briefly surpassed Apple as the most valuable US company on Monday.
- The last time Microsoft was worth more than Apple was in 2010.
- The technology industry has changed a lot since then.
Microsoft dethroned Apple as the most valuable US company during trading on Monday.
For the time being, Microsoft's market capitalization is about $812 billion. Apple's is slightly less.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More The largely symbolic milestone came less than two months after Apple's market cap reached a peak above $1.12 trillion, significantly above Microsoft's peak of $887 billion. Apple was even the first US company with a $1 trillion valuation. But since then, Apple's stock has gotten whacked based on fears of slowing iPhone demand, seemingly confirmed by the company when it said on November 1 that it would no longer disclose iPhone unit sales.
The last time that Microsoft was more valuable than Apple was back in 2010 - eons ago in the fast-moving technology market.
On the day that Apple overtook Microsoft back then, Apple was worth only about $222 billion in terms of total market capitalization - compared to Microsoft's $219 billion. (Before that, the last time the two companies switched places was in 1989.)
In fact, just a quick recap of what products were on the market back then will make you realize it was an entirely different era:
Get the latest Microsoft stock price here.