Apple Market Value Bests Intel and Microsoft Combined

As the market closed on Friday, something pretty remarkable (but believable) happened: Apple's market value was more than Intel and Microsoft, combined.

The tally as of Friday was "Wintel" $316.8 million, Apple $317.6 million. To "celebrate" the milestone MacDailyNews dusted off this gem from June 1998:

"What I can't figure out is why he [Steve Jobs] is even trying [to be the CEO of Apple]? He knows he can't win." – Bill Gates


Indeed. [MacDailyNews]

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And how is this a good thing for consumers? All this means is that Apple products are heavily marked up and that they're basically ripping off their own users.

And technically, that "gem" is true, because he left Apple (which was a sinking ship) after that... And he still hasn't "won" in the personal computer front, Apple computers only make up under 10% of the market. Which is what Bill Gates was referring to.