The relationship between Microsoft's founder Bill Gates and Apple is more than just complicated, not only because he is the rival of Jobs, but also the person who saved Apple. Because of the competition between the two companies, Gates rarely publicly praise their opponents. However, Gates recently said in an interview with the media that Apple is "an amazing company."
It’s an amazing company. The top tech companies do have a very strong profit position right now. But Apple has the strongest position of all. I think Warren has applied great thinking there. The multiple’s not gigantic. It’s not like a tech speculative company where it’s still losing money or anything.
Meanwhile, since Warren Buffett bought 75 million Apple shares in the first quarter, the company's stock has been up lately. So Buffett touted out that he currently owns about 5% of Apple stock right now, but wants to own more: he’d ‘love to own 100% of it’.
Currently, Apple now has a market cap fluctuating around the $915 billion mark, and they only needs to breach $194 to hit that magic $1 trillion number. Amazon is second closest to that milestone, with a market cap around the $775 billion mark, ranked third and fourth is and Microsoft and Google, who have $730 million and $717 million, respectively.
Image Credit CNN Money
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