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

[UltraMega]

Quote

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.

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]

4 minutes ago, 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.

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.