Microsoft dethrones Apple as the most valuable US company (AAPL, MSFT) – Finance


  • Microsoft has surpassed Apple as the most valuable US company.
  • It passed Apple on Monday with a market value of about $812 billion.
  • Watch Microsoft and Apple trade live.

Microsoft on Monday surpassed Apple as the most valuable company in the US, with a market capitalization of about $812 billion. Apple’s market cap was about $1 billion less. The last time Microsoft was more valuable than Apple was in 2010.

It’s a somewhat surprising turn of events, as less than two months ago Microsoft’s market value topped out at $887 billion while Apple’s reached a peak above $1.12 trillion. In August, Apple became the first US company with a $1 trillion valuation.

But a lot has happened since then, as the stock market suffered through its so-called Red October, one of its worst months since the financial crisis, with the tech-heavy Nasdaq Composite shedding more than 12%.

Read more: Microsoft’s CTO lays out the 2 tech trends he believes will change the world: ‘People haven’t wrapped their heads around this yet’

Apple has gotten mauled since early October, as the tech sell-off and fears of slowing demand for its iPhones weighed. Shares have tumbled into a bear market, down nearly 24% from their September peak. Several suppliers have cut their forecasts, citing a drop in smartphone demand. That caused Goldman Sachs to lower its price target for a third time in November to $182 — about 6% above where shares were trading Monday.

Microsoft has managed to hold up better than other high-flying tech names after its first-quarter results showed it continuing to follow through on the vision of CEO Satya Nadella. When he took over in 2014, Nadella said he wanted to focus on its subscription-based businesses and the cloud.

And while sales of its cloud-computing unit, Azure, grew at their slowest pace in at least two years, they were still up 76% annually, remaining the strongest rival to the dominant Amazon Web Services. Microsoft shares are down 8% from their September close at about $105 each.



(Markets Insider)

! function(f, b, e, v, n, t, s) {
n = f.fbq = function() {
n.callMethod ?
n.callMethod.apply(n, arguments) : n.queue.push(arguments)
if(! f._fbq)f._fbq = n;
n.push = n;
n.loaded = ! 0;
n.version = ‘2.6’;
n.queue = [];
t = b.createElement(e);
t.async = 1;
t.defer = 1;
t.src = v;
s = b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t, s)
document, ‘script’, ‘’);
// Insert Your Facebook Pixel ID below.
fbq(‘init’, ‘418172165058436’);
fbq(‘track’, ‘PageView’);

/* <![CDATA[ */
var fbAsyncIds = [],
fbStatUrls = [];
$(window).load(function() {
$.getScript('', function() {
version: 'v2.6',
appId: '964432556951162',
cookie: '',
oauth: true,channelUrl:''
.each(function() {
window.fbAsyncInit = function() {
for(var i = 0; i */

Source link

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More