apple crossed microsoft in market
As of yesterday’s stock market close, Apple had a market capitalization of $223 billion. Apple has $223 billion of cash and no debt. Apple’s enterprise value, therefore, is $200 billion.
Microsoft, meanwhile, had a market capitalization of $228 billion. Microsoft has $37 billion of cash and $6 billion of debt (per Yahoo Finance). Microsoft’s enterprise value, therefore, is $197 billion
Apple’s stock market capitalization (AAPL) has not quite surpassed Microsoft’s (MSFT) till yesterday.
But NOW the value of its actual business is higher. This picture is showing the most recent annual trend .
