techspot Microsoft becomes world's most valuable company, inches past Apple

[UltraMega]

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Microsoft has a market cap of $2.47 trillion, narrowly edging out Apple at $2.45 trillion.

 

Apple late last week reported record revenue of $83.4 billion for the three-month period ending September 30, but still fell short of Wall Street analysts’ expectations of $84.85 billion. CEO Tim Cook said larger than expected supply constraints cost them around $6 billion, and warned that the company will face even greater supply constraints in the holiday quarter.

 

Still, Cook expects the December quarter to deliver the largest revenue report in Apple’s history.

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Microsoft inches past Apple to become the world's most valuable company

WWW.TECHSPOT.COM

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Apple late last week reported record revenue of $83.4 billion for the three-month period ending September 30, but still fell short of Wall Street analysts’ expectations of...

 

Could definitely be short lived. I didn't realize both companies were hitting 2 and half trillion. Wasn't that long ago that there were no trillion dollar companies. 

Edited November 1, 2021 by UltraMega

[Andrew]

With the amount of people I've seen buying the new iPhone and especially the new 14/16 inch MacBook Pros, I have no doubt Apple is going to take that crown back at the end of the year.

[UltraMega]

  On 01/11/2021 at 20:47, Andrew said:

With the amount of people I've seen buying the new iPhone and especially the new 14/16 inch MacBook Pros, I have no doubt Apple is going to take that crown back at the end of the year.

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Yea I agree. Long term though it could be interesting. I didn't know the two were still so close. 

 

Seems like Apple is really likely to end up with an anti-trust case soon, I'm sure that would shake things up a bit. 

Edited November 1, 2021 by UltraMega

[Sir Beregond]

I honestly didn't realize Microsoft was even close to competing with Apple on that front, but agree it will probably be short lived given what Apple is at this point.

[Diffident]

Just shows how much money can be made from data mining.