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New York Times (May 26)

2010/ 05/ 27 by jd in Global News

Marking the end of an era, Apple became the most valued technology company in the world. At a market valuation of $222 billion, Apple surpassed long-time leader Microsoft by about one billion dollars. Microsoft continues to dominate desktops, PCs and business applications, but market growth now centers on in-hand mobility. The New York Times states this “heralds an important cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.”

Marking the end of an era, Apple became the most valued technology company in the world. At a market valuation of $222 billion, Apple surpassed long-time leader Microsoft by about one billion dollars. Microsoft continues to dominate desktops, PCs and business applications, but market growth now centers on in-hand mobility. The New York Times states this “heralds an important cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology.”

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