It’s that time of the year again, but this time, with a change in the tale. This is when all the major companies register their financial status for this Quarter. The twist is that, for the first time in history, Apple has surpassed Microsoft in terms of quarterly profits.
Apple has registered a profit margin of $5.99 billion as with the Microsoft its only $5.23 billion. This is the third time where apple as surpassed Microsoft with the first time in May 2010 for Market Capitalization and then went on to surpass Microsoft in quarterly revenue.
Apple has once again proved itself in the revenue this time. And reports say that a majority of the revenue comes from its revolutionary device, the iPhone, the rest coming from its other iDevices. Until now Microsoft was able to hold it off from Apple, but now things are changing and it has become more like a race between the two giants. But as far as we see, Microsoft is not bringing out the best products lately in par with Apple.
The Apple’s market capital is now nearly $100 billion more than Microsoft. With enough money in its pocket, Apple can survive until 2018 without selling any devices but that’s not the case with Apple rite ? What do you say? Share with us via a comment!
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