Nice catch from MacDailyNews: as of the close of market today, Apple is worth more than Microsoft and Intel combined. And some tasty claim chowder on this Bill Gates quote from June 1998, regarding Steve Jobs’s return to Apple as CEO:
“What I can’t figure out is why he [Steve Jobs] is even trying? He knows he can’t win.”
According to Wolfram Alpha, using their mean market caps for the entire month of June 1998 (it was a volatile month amidst the boom), the Wintel combination was worth $339 billion, vs. $3.5 billion for Apple. Put another way, Microsoft and Intel combined were worth 96 times more than Apple then. Since then, you get this.
★ Friday, 3 June 2011