Microsoft's Market Cap Back On Top Of Apple Thanks To Antennagate

steve ballmer microsoft

Photo: Reuters

Microsoft’s market cap has surged ahead of Apple’s today, thanks to the continued slump in Apple’s stock brought on, in part, by the iPhone 4 antennagate.Apple’s market cap surged ahead of Microsoft at the end of May for the first time in a long time, as investors pushed the price higher in anticipation of the new iPhone and sales of the iPad.

Apple’s market cap as of this writing is $219.71 billion versus $219.8 billion for Microsoft, according to Google Finance.

[Via: Atul]

See Also: 10 Things We Love And Hate About iPhone 4

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.