Microsoft surpassed Apple in terms of market capitalization, but only for a short time. Both companies are valued at around $3 trillion, with Microsoft worth more than Apple for the first time since 2021.
Apple has lost its lead to Microsoft on the list of the world’s most valuable public companies. For a short time, Microsoft’s market capitalization surpassed Apple’s: $2.88 trillion versus $2.87 trillion. In late trading on the Nasdaq, Microsoft shares rose 1.5%, while Apple shares fell 0.3%.
According to current data at the time of this publication, Microsoft again lost its leadership in the list of the most valuable companies to Apple: Apple’s capitalization is $36 million higher than Microsoft’s.
The last time Microsoft was worth more than Apple was in 2021. At that time, Apple shares were falling due to concerns about the impact of the COVID-19 pandemic on product supply chains.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
