Tech Industry

As predicted early this morning, today was the day that Apple passed Microsoft in market cap for the first time since the early 90s.  At the time of this writing, AAPL is worth over $1 billion more than MSFT and growing.  We’ll see later today if they can keep this lead and close out the day ahead.   

Update: AAPL closed the day at a market capitalization of $222.07B.  Microsoft closed at $219.18B.  Apple is now worth almost $3 billion more than Microsoft.

It has been 13 years this picture was taken and Microsoft ‘saved Apple’ Video below.

[youtube http://www.youtube.com/watch?v=WxOp5mBY9IY&hl=en_US&fs=1&]

Apple will launch the new iPhone next month, reports BGR.

In what could be the shortest report for one of the biggest news items ever, it reads:

Yet more evidence that iPad is taking huge big Pacman-sized bites out of the netbook market comes in a recent survey suggesting the Apple product has already had a huge impact on consumers purchasing plans — with millions of iPads flying out of Apple’s hands. And now  it looks like 78 percent of consumers who were struggling with the decision to buy an iPad or a Netbook are going for the iPad, read more.

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Piper Jaffray analyst, Gene Munster, tells clients the upcoming WWDC 2010 event next month seems set to be a bit of a non-event, at least, a non-event for Apple

Apple has issued a public statement on the spate of tragic worker suicides at the Chinese manufacturing plant of its iPod/iPhone production partner, Foxconn.

Company spokesman, Steve Dowling, told Bloomberg:

Ruh Ro!  As if Apple didn’t have enough problems with the Feds, it looks like the US Justice Department is investigating Apple’s sway in the Music industry, according to the New York Times.

The Justice Department is examining Apple

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Heads may roll at Microsoft as the company moves to reorganise teams handling its games and mobile phone offerings in response to the damage the company has suffered at the hands of Apple and Google.

The division — which accrued $1.67 billion in sales in the first quarter, mainly on back of Xbox and games, includes Microsoft’s Xbox videogame business and Windows Phone.

The move also follows the (still unconfirmed) departure of long-time Microsoft boss, J Allard, the man behind the Xbox.

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.”

Google today at last revealed the revenue splits it applies on AdSense. This new spirit of openness in admitting its existing ads revenue split with AdSense publishers is interesting — but with Apple’s iAds ready to pounce this summer, is Google simply playing a spoiler to its new arch-rival? Read it here.

Watch out Android, Apple CEO Steve Jobs is preparign Apple’s response, and we suspect things could get pretty personal….

Apple today confirmed its Jobsian keynote plan, issuing the following release:

CUPERTINO, California