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Is Apple Worth More Than Microsoft?

Apple’s stock market capitalization (AAPL) has not yet quite surpassed Microsoft’s (MSFT), but the value of its actual business is now higher.

Apples business is now worth $200 billion, while Microsoft is only worth $197 billion. If I expanded this a bit more, as of 25th May stock market close, Apple had a market capitalization of $223 billion.  Apple has $23 billion of cash and no debt.  Apple’s enterprise value, therefore, is $200 billion. Microsoft, meanwhile, had a market capitalization of $228 billion.  Microsoft has $37 billion of cash and $6 billion of debt (per Yahoo Finance).  Microsoft’s enterprise value, therefore, is $197 billion.

Well according to this, apple certainly is worth more than Microsoft. A few years back the thought that Apples would come close to being worth as Microsoft would have been unthinkable. The gap between the two companies has closed thanks to an amazing array of products delivered to the market by Apple during the recent years.

One thing to note though, this valuation is based on simple calculation of enterprise value. It should be noted that Apple has an unusual method of accounting for some of its cash on hand. This is further explained on yahoo finance. This indicates that Apple is still behind Microsoft, but for how long?

Opera Browser 10.53 Fixes Critical Security Vulnerability

The Opera web browser is user-friendly, secure, and fast with the inclusion of opera turbo. The Opera browser uses less memory and less space on your hard drive than before. It is also an extremely versatile web browser that includes a lot of new features such as Visual tabs, pop-up blocking, integrated searches and more advanced features such as e-mail, RSS Newsfeeds and IRC chat enabling you to be more productive whilst browsing through the web.

I personally disable the E-Mail, News and IM Client as I am using Thunderbird and Google talk. I have mentioned how to disable these features in an earlier post (Click Here). Anyhow I have been using the latest version (10.53) for a little bit of time now and I have to say that the browser is getting better by the day. The latest version fixes a Severe Vulnerability that affected Opera 10.52 for Windows, where it enables hackers to execute malicious code. This latest version also fixes a few other issues including browser freezing on Google Maps. I would advise anyone still using Opera 10.52 to install the 10.53 patch as soon as possible to protect their systems from this vulnerability.

Below is a list of items that implemented in the latest version of the opera web browser

  • Enjoy unprecedented speed with our new Carakan JavaScript engine, Vega graphics library, and Opera Presto 2.5 browser engine.
  • Opera includes industry leading support for Web standards such as HTML 5, SVG and JavaScript.
  • Enhanced platform integration on Windows and Mac means that Opera looks and works better than ever on your operating system.
  • A beautiful, new design looks great on Windows, maximizing your view of the Web and fully utilizing Aero transparency on Windows 7 and Windows Vista.
  • Our improved dialogs will not get in your way or interrupt you. You can now switch between different pages without having to clear prompts first.
  • Searching is easier than ever, with Web search integrated right in the address field. You can also find pages from your history and bookmarks, as you type.
  • Displaying pages in the size you want is smoother than ever, with a new zoom slider in the status bar.
  • Rest assured that browsing stays personal with private browsing. Once you close a private tab or window, the data from that session is removed from the browser without a trace.

Click here to download the latest Opera version.

If you wish to install the latest snapshot it is available at the Opera Desktop Team blog.

Happy Browsing

Zend Framework 1.8 Web Application Development

Zend Framework 1.8 Web Application Development

Design, develop, and deploy feature-rich PHP web applications with this MVC framework Create powerful web applications by leveraging the power of this Model-View-Controller-based frameworkLearn by doing – create a “real-life” storefront applicationCovers access control, performance optimization, and testingBest practices, as well as debugging and designing discussionIn Detail The Zend Framework has a flexible architecture that lets you build modern web applications and web services easily. The MVC components make the maintenance and testing of your applications easier. However, it is not only an MVC framework for developers. It also provides an easy-to-use high-quality component library that is designed to be used the way you want, picking up specific components without requiring the use of whole framework.It’s easy to get started and produce a powerful and professional looking web site when you’ve got this book to hand. Taking you through a real-life application, i (more…)

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