The First D Day in Tech – Apple Overtakes Microsoft on Wed 4 p.m. US EST May 26th 2010

Did anyone watch the market today?  Apple’s market capitalization hit $227.1 overtook Microsoft’s $226.3 Billion. As a stock holder of both companies since late 90’s, this is the first time. Congrats Apple!

what does this  mean?

Apple, the maker of iPods, iPhones and iPads, and  iMorethings to come, is now the world’s most valuable technology company today 4:00 p.m US EST Wed May 26th, 2010.

I remember the time I bought apple’s stock in 1997 around $22 and stayed  in low $20’s for years. Apple’s Board had pushed out Steve Jobs at the time, and the company was widely believed to go bust.

If you want to call somebody a true visionary, that would be Mr.  Steve Jobs who was the  first to realize the smartphone would be our next computing devices and captured the windows of opportunity.  Although they still sell computers, a greater portion of their revenue  comes from handheld devices – iPod, iTouch, iPhone, and iPad. Overall, the technology industry sold about 172 million smartphones last year, compared with 306 million PCs, but smartphone sales grew at a five times faster pace.

Apple still faces the powerful rival, Google, which is battling Apple in mobile devices with its Android operating system,  mobile advertising, and soon Apple TV vs. Google TV.  Google, with a market cap of about $151.43 billion, also appeared to leap ahead of Apple in a new, potentially important area, Internet-connected televisions. And Google is steering consumers toward yet a new model of computing in which Internet applications, rather than iPhone or desktop applications, rule.

Here is a tribute to both Steve and Bill 🙂

Back in 1983

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About Elias Shams
I have been a serial entrepreneur in telecom and social media space for past 12 years or so. I hold a M.S. degree in Telecommunication Engineering from the George Washington University and a B.S. degree in Electrical Engineering from the University of Maryland. I’ve lived and worked in many countries and cities including London England, Tehran Iran, Bonn Germany, Paris France, Alicante Spain, Delhi India, and my favorite of all Washington, DC of great US of A. Two of the greatest Washington, DC based companies I worked for and very proud of are Yurie Systems which was sold to Lucent in 1998 for $1.23 B and that I founded in 1999. I am currently the founder and awesomizer @

6 Responses to The First D Day in Tech – Apple Overtakes Microsoft on Wed 4 p.m. US EST May 26th 2010

  1. irina says:

    Its so comical. A company which has less than 7% market share in the personal computer business is worth more than a company that has 90% market share. It shows you the true speculative nature of Wall Street.
    Even more silly if you consider that iPhone share of the cell phone market worldwide is 16.6% of smart phones (down 1.5%). Probably less than 5% of all phones. That tiny compared to 45% market share of Nokia. And Google Android Cell Phones just overtook them in sales. Apples best days are behind them.

    • Elias Shams says:

      Sort of true, but as I mentioned at the middle of the article, It is not about desktop anymore computer or the old type smarphones (made by Nokia), it is about handheld devices which apple thought about it before Microsoft. They quickly captured the opportunity. By the time, all others (Microsoft, Google, Nokia, LG, Samsung, others) they came to realize the value of the touch screen phones like iPhone, it was too late.

  2. Apreneu says:

    Haha! What ‘s really “comical” are the Apple haters trying to deal with this news. It’s killing them, Lol!

  3. This article exemplifies ‘truthiness’. Why, for example, after admitting that Apple is already the leader (in terms of market cap among technology companies), does the title talk about “overtaking Google next”?

    Then there is the obvious flattery calling Jobs the ‘visionary’ who was “first to realize the smartphone would be our next computing devices”.

    Actually, quite a few realized it before Jobs. What Jobs contributed that was new was a UI that blew every other smartphone out of the water.

    Now I do admit that this was a visionary thing to do. And if Steve Jobs were not such a successful autocrat at Apple, he never would have pulled it off. But at the same time, I cannot help but think that the REAL enabler here was not Steve Job’s visionary nature:it was the long history of carriers and OEMS tripping on their own feet and each others with THEIR attempts to bring smartphones to the market.

    After all, conceptually, it really was not that difficult for someone to come up with a vast improvement over the UIs of these other smartphones. So why didn’t they do it? Because OEMs were stuck in a collective rut, one that rewarded bad thinking about UIs instead of rewarding good thinking, perpetuating their mistakes. Worse yet, the carriers were paying no attention to this, providing only minimal and misguided “UI guidelines” for the OEMs to claim they were following.

    This had been going on for years when Jobs finally cut the Gordian knot and gave the world a vastly superior UI.

  4. Chris says:

    conceptually, it really was not that difficult for someone to come up with a vast improvement over the UIs of these other smartphones

    You know, the best innovations are those which seem obvious in hindsight.

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