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Wednesday, May 26, 2010

The greening of the Apple

It wasn't that long ago that Apple was given up as a lost cause. Yet today, it officially replaced Microsoft as the most valuable technology company in the world. In stock market trading today, Apple's shares rose 1.8 percent to give it a value of $227.1 billion, while Microsoft's fell about 1 percent to give it a value of $226.3 billion. How did Apple do it? In three words: iPods, iPhones and IPads. It's really that simple and it means that for the first time in history the technological demands of consumers have superseded the technological demands of businesses.

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