It would have been hard to believe less than ten years ago – when Apple almost folded as a tech company and Microsoft was in its ascendancy; but Apple has just taken over as the most valuable technology business in the world.  The Times reports that:
Shares of Apple are worth more than ten times their value ten years ago. Apple last had a higher market value than Microsoft in December 1989 but almost went out of business in the 1990s, when it accepted a $150 million investment from its rival to keep it afloat.
What does this mean?  Quite simply, it means that consumer electronics are more valuable than business applications in the current IT climate.  Apple’s miraculous turnaround began with the launch of the iPod in 2001.  The rest is history.  Tomorrow they launch the iPad in the UK. The launch apparently delayed by the unprecedented demand in the US.  When will we get our supplies of the iPad in the RSA?