Over at TechCrunch, MG Siegler has a nice article on how Apple's last fiscal quarter compares to Microsoft's Q3 2011 results.
Just about a year ago, when Apple passed Microsoft in market cap, the Redmond loyalists were out in full force: that means nothing — look at the revenues! When Apple passed Microsoft in revenues last October, it was: who cares — look at the profits! We were looking, and we projected that this quarter just ended would be the one in which Apple passed Microsoft in that regard too.
Sure enough, they have. Easily.
Watch out Exxon Mobil!