Apple earned more revenue this quarter than their ancient frenemy, Microsoft. Roughly $ 20 billion to $ 16 billion, or $ 4 billion more. Not too long ago they passed Microsoft in market cap as well, another impressive sounding, if not terribly meaningful measure. Microsoft still leads in profit due to their software-centric business being much higher margin than Apple’s hardware-heavy mix. But that too could and just might change as well.
Apple, thanks to the Apple II, got off to an
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