Apple Now Bigger Than Google

According to Digital Daily, Apple's market cap is now bigger than Google's, making Apple now the third richest tech company behind Microsoft and IBM.

Apple's market cap of over $159 billion beats Google's $157 billion, and is a healthy growth from May 2007, when Apple first broke the $100 billion market cap line.

The current rankings (as of Wednesday's closing) of some top tech companies by MacDailyNews gives some insight into the rankings:

- Microsoft (MSFT) - $255,648,204,000
- IBM (IBM) - $169,964,678,000
- Apple (AAPL) - $157,012,662,240
- Google (GOOG) - $156,392,862,560
- Cisco (CSCO) - $142,125,692,160
- Intel (INTC) - $135,658,860,000
- Hewlett-Packard (HPQ) - $111,866,423,760
- Nokia (NOK) - $97,746,699,520
- Research In Motion (RIMM) - $71,143,935,000
- Disney (DIS) - $59,257,501,500
- Dell (DELL) - $50,483,256,060

At this rate, Apple's poised to easily overtake IBM, and perhaps even Microsoft in the coming years.

MacRumors points out that this recalls a famous quote my Michael Dell back in 1997 when Apple was struggling through its dark ages. He was asked what Apple should do to recover, and he answered:

"What would I do? I'd shut [Apple] down and give the money back to the shareholders."

... or rehire your egomaniacal, controlling, secretive, visionary co-founder again as a CEO and watch the money roll back in. Could have gone either way, really.