It is done. A new victor emerges from the ashes of our modern day Catholics v. Protestant war. After a bloody feud spanning decades, Apple has now proven victorious over Microsoft, profit-wise. TechCrunch reports: "Microsoft has just announced their Q3 2011 results. The numbers appear to be good, beating analysts’ expectations. But with net income now at $5.23 billion, Microsoft now comes in well behind Apple, which had a net income of $5.99 billion last quarter." This comes after Apple beat Microsoft in market cap last year and in revenues in October. All hail the king and queen.
Microsoft, we should point out, has widespread dominance over the market.