Microsoft Overtakes Apple as World’s Most Valuable Company

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Oct 29, 2021

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Microsoft has overtaken Apple as the world’s most valuable company, making the Cupertino tech giant the second most valuable in the world, followed by Saudi oil giant Aramco.



Microsoft now sits at a market value of $2.46 trillion, while Apple stands at $2.43 trillion. Apple’s drop in market value follows what Wall Street analysts and experts call disappointing quarterly earnings results yesterday, despite solid growth in product categories.

A report earlier in May highlighted some of the ways that Microsoft and Apple will become increasingly more competitive against each other. As both companies continue to invest heavily in augmented reality and artificial intelligence, the rivalry is expected to grow in the years to come.

Tag: Microsoft

This article, "Microsoft Overtakes Apple as World's Most Valuable Company" first appeared on MacRumors.com

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source https://www.macrumors.com/2021/10/29/microsoft-worlds-most-valuable-company/

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.

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