Though largely a symbolic milestone, Apple is now within 2% of Microsoft in market capitalization. With WWDC announcements coming soon, Apple’s stock price could see some wild swings this month and has fluctuated more than the 2% gap a few times in the past month.
Shortly after Apple passed Dell, Steve Jobs sent the following email to employees:
“Team, it turned out that Michael Dell wasn’t perfect at predicting the future. Based on today’s stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.”