Sunday , September 25 2022

Microsoft has passed Apple as the world's most valued company


More gloomy message for Apple: On Monday, Microsoft – though temporarily – had more market value than the iPhone giant.

When the stock exchange closed, the plan was restored, but Microsoft's performance showed something about the two companies in the fall of 2018.

Apple launched three new iPhone models early this year, but sales do not match expectations. In the saturated smartphone market, almost Huawei currently exhibits at least premium segment.

Microsoft – whose mobile phone efforts never work – has a significantly expanded productive family than Apple and has become one of the hugely cloud technology providers.

For the first time in eight years, Microsoft passed Apple on a market value. But Apple closed $ 828.64 billion, while Microsoft had to invest $ 822.90 billion.

Bloomberg says that even in five years Apple has passed the first time.

Source link