Apple now worth more than Google, Microsoft combined

Pakistan Telegraph (ANI) Saturday 11th February, 2012

Tech giant Apple's market capitalization is now bigger than the values of Google and Microsoft combined.

The iPhone maker's market cap is around 462 billion dollars as of mid-Friday.

Microsoft's is about 257 billion dollars and Google's weighs in at about 197 billion dollars, The Washington Post reports.

According to the paper, tech bloggers have been coming up with all kinds of statistics to put Apple's market cap in context.

Fortune's Philip Elmer-Dewitt pointed out that Apple's now worth more than the gross domestic product of Sweden, which is 458 billion dollars.

According to earlier reports, Apple's revenue figures revealed that its iPhone business alone has become bigger than the whole of Microsoft.

The tech giant's popular smartphone division generated 24.4 billion dollars of revenue in the quarter up until December, whereas the whole of Microsoft generated 20.9 billion dollars in the same quarter. (ANI)