Antennagate, the antenna problems of the new iPhone 4, has catapulted Microsoft’s market cap on top ahead of Apple. Thanks to the problem of the iPhone 4’s signal, the slump of Apple’s stock brought on the climb for Microsoft.
At the end of May, Apple’s market cap surged ahead of Microsoft for the first time in a long time because investors pressed the price higher in eagerness of the new iPhone and sales of the iPad.
As of July 19, Apple’s market cap was $219.71 billion versus Microsoft who has $219.8 billion, according to Google Finance via Business Insider.