Microsoft overtakes Apple to become the world’s most valuable company
Microsoft surpassed Apple’s market cap on Friday, October 29, to become the world’s most valuable public company. The change follows Apple’s Thursday earnings, where the company posted strong results but revealed that it lost $6 billion to supply chain constraints. On Tuesday, Microsoft also shared positive earnings boosted by Office, Windows, and its cloud products. At Friday’s market close, Microsoft’s market cap was almost $2.49 trillion while Apple’s was about $2.46 trillion, according to […]
