Microsoft temporarily surpassed Apple to become the world's most valuable company

AppleWhat Apple’s website looked like in 2010

AppleWhat Apple’s website looked like in 2010

In late afternoon trade, Apple has taken back the top spot, with shares up 0.5 per cent. Microsoft is 2.9 per cent higher as tech shares gave Wall Street a big boost.

Currently, Apple has a market cap of US$817.7 billion, meaning it has shed almost US$300 billion in value after cresting a record US$1.1 trillion valuation in early October. It was also the first time since 2013 that any company topped it, ever since Apple eclipsed Exxon Mobil in size, according to an analysis of Bloomberg data.

Microsoft
Microsoft

Apple shares have fallen more than 20 percent since the company reported earnings on November 1.

Apple's market valuation of $812.60 billion dipped below Microsoft's $812.93 billion as of 1.05pm in NY, meaning it had shed about $300 billion in value after cresting a record $1.1 trillion valuation in early October.

Le syndicat de la garde présidentielle réplique à Slim Riahi — Tunisie
En réaction, le syndicat de la garde présidentielle a publié, aujourd'hui, un communiqué pour dénoncer " les accusations imaginaires de Slim Riahi ".


Obviously, the value of major tech companies like Microsoft and Apple changes all the time, and Microsoft probably won't retain its position for long (Apple has already retaken its place as of writing).

Yet now, that very product is among the the challenges facing Apple, with concerns over weak iPhone demand pressuring shares to fall more than 25 per cent from record levels.

Donald Trump s’en mêle au grand dam de Macron — Gilets jaunes
Mi-novembre, à peine rentré de Paris où il avait célébré la paix avec les autres dirigeants du monde, Donald Trump s'était vivement attaqué à la France et à Emmanuel Macron , dont il avait raillé la "très faible cote de popularité".


According to Rich Ross, a technical analyst at Evercore ISI, Apple's stock "has another 18% downside", which could take the stock to $140. That would put it below both Amazon.com, now valued about US$770 billion, and Google-parent Alphabet Inc., which has a market cap of about US$730 billion. In late-afternoon trading, Apple's value was $822.9 billion, about $7 billion above Microsoft's.

PSG : Dur, dur, un journaliste tente de défendre Rabiot
La raison? Des discussions avec ses dirigeants autour d'une éventuelle prolongation qui s'éternisent depuis plusieurs mois. En effet, plusieurs médias s'étaient fait l'écho d'un supposé souhait du joueur de ne pas prolonger son contrat.


Latest News