Today Apple Inc. surpassed rival Microsoft and became the most valuable technology company in the world. Measured by market cap, Apple is second only to the US’s largest company, ExxonMobil. About ten years ago, we invested some of Hilary’s money in Apple at a split-adjusted $7.50 a share. It has increased in value by well over 3,000 percent. Apple’s surpassing of Microsoft’s market cap is, just as the New York Times said today, an absolutely stunning turnaround. Apple left Walmart in the dust a couple of months ago.Too bad we didn’t buy TWO shares.
Joke.
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