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Amid a dynamic and ever changing marketplace, Microsoft-which declined to comment for this article-became a high-tech equivalent of a Detroit car-maker, bringing flashier models of the same old thing off of the assembly line even as its competitors upended the world. Most of its innovations have been financial debacles or of little consequence to the bottom line. And the performance showed on Wall Street; despite booming sales and profits from its flagship products, in the last decade Microsoft's stock barely budged from around 30, while Apple's stock is worth more than 20 times what it was 10 years ago.
In December 2000, Microsoft had a market capitalization of 510 billion, making it the world's most valuable company. As of June it is No.