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No worry over market value results: Microsoft
By siliconindia
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Friday, 28 May 2010, 21:46 IST
New Delhi: Apple has overtaken the software giant Microsoft in terms of market value and became the world's most valuable company. Microsoft CEO Steve Ballmer is not bothered about the stock market assessment and he claims that 'there is no technology company in the planet that is as profitable as they are,' according to a report by ANI.
Ballmer said he is proud of the fact that no company can beat Microsoft in terms of profit and he is not bothered about stock market assessment.
"Where do we go, how do we make products that are more innovative, more popular, how do we make more profit and certainly there is no technology company in the planet that is as profitable as we are," said Ballmer.
Apple shares rose 1.8 percent, which gave the company a value of 227.1 billion dollars. Shares of Microsoft declined about one percent, giving the company a market capitalization of 226.3 billion dollars.