And
Apple's market cap (the total value of all of its shares) topped
Microsoft's even though the latter company had more revenue and double the profit margins. Clearly, Wall Street was looking at growth potential, not current income statements and balance sheets, in anointing Apple the more compelling buy.
What has happened since? With Apple due to report its latest quarterly earnings tomorrow -- Microsoft reports its numbers next week -- we look at some recent numbers, as well as data over time.
Market cap
While total values for Microsoft and Apple were close last spring, that's no longer the case. Since May 26, 2010, when Apple first inched ahead of Microsoft, Apple's market capitalization has risen from $223 billion to more than $306 billion (as of April 14). Microsoft's, meanwhile, has slipped from $219 billion to $212 billion.
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