Apple Tops Microsoft in Revenue

"If you'll recall, this past May, Apple topped Microsoft in market cap. But there was still that rascally revenue barrier that Apple still could not quite overcome. Well, that barrier is no more. Microsoft just reported $16.2 billion in revenue for the third quarter. And Apple? $20.34 billion."

The prediction by Apple was $18 billion so they were just a bit off since they hit $20.34 billion. Profit is where Microsoft is still king, bringing in $5.41 billion versus the $4.31 billion of Apple.