“ Apple’s iPhone business alone is now bigger than Microsoft. Not Windows. Not Office. Microsoft. Think about that. The iPhone did not exist five years ago. And now it’s bigger than a company that, 15 years ago, was dragged into court and threatened with forcible break-up because it had amassed an unassailable and unthinkably profitable monopoly. The iPhone also appears to be considerably more profitable than Microsoft. ”
Pretty amazing milestone. especially considering that Apple created an entirely new market that Microsoft is struggling to compete in. Sure makes Balmer’s remarks in 2007 sound even more ridiculous.