Transcript
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This is Scott Becker with the Becker Business Podcast, the Becker Private Equity Podcast. Today's discussion is Apple closes the gap on Microsoft. So here's the situation. For years, Apple was the number one company in the country, maybe world by market cap. For so long this past year, Nvidia has blown right past it and Microsoft, quite frankly, blew right past it as well. Now you're at a spot where Apple has recovered to where it's back in the black year to date, which I think a lot of people didn't see coming. It's back up to almost 3.8 trillion in market cap, again, close to that $4 trillion mark. I did not see that coming. But it said great news recently. And it's also, of course, benefited from the tech rally in general. Similarly, Microsoft is right about 3.82 trillion. So those things are literally neck and neck. So something that we hadn't seen coming for so long now again, for so long, Apple was in charge of everything, was ahead of everybody. Now it's right nipping at the heels of Microsoft and quite frankly, if I don't watch closely, I might miss it today. It might in fact take over from Microsoft. So I think it's just fascinating to see the resiliency of Apple. It's getting a boost from just the tech market, plus the reuse of the iPhone 17. Didn't see it coming. That great a recovery and fascinating to watch. Thank you for listening to the Becker Business Podcast and the Becker Private Equity Podcast. Thank thank you very, very much.