Ready, Fire, Aim! - Mihail's Public Blog: Microsoft once again world's most valuable company

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Tuesday, October 15, 2002

Microsoft once again world's most valuable company

From a Wall Street Journal story (subscription required):

Microsoft Corp. is once again the world's most valuable company.

The Redmond, Wash., software company sports a market capitalization of $262.1 billion based on Friday's close. That's less than half its peak value, but good enough to eclipse the sagging General Electric Co., whose market cap is $240.9 billion.

GE, an industrial and entertainment conglomerate, commanded the highest market value for most of the 1990s until it was unseated by Microsoft in September 1998 amid the technology-stock rally. At the time, Microsoft had a market cap of $261.1 billion and GE had a market cap of $257.3 billion.

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