For the first time in decades, Apple's net income has overtaken Microsoft's
One by one, the bragging rights are going Steve Jobs' way.
- In May 2010, Apple's (aapl) market cap passed Microsoft's (msft).
- In October, Apple overtook Microsoft in total revenue.
- On Thursday, when Microsoft reported its earnings for the March quarter, Steve Ballmer lost what edge he still had. Microsoft's net income for calendar Q1 2011 was $5.23 billion. Apple's was $5.99 billion.
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