Microsoft becomes the Most Valuable Company overtaking Apple

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Microsoft

Microsoft becomes the Most Valuable Company overtaking Apple


On Friday, Microsoft Corporation became the world's most valuable company. Apples revenue kept on decreasing after missing earnings expectations on Thursday.

Apple's shares were down by 3.4% which made Its capitalisation $2.41 Trillion, While Microsoft's shares were high by 0.7% which made capitalisation of $2.46 Trillion.
Apple has lost Its Title of World's Most Valuable Company with the dip of 3.4% in shares ending up on $149.80, While Microsoft was shares surged by 0.7% ending up on $331.62.

Microsoft has seen a rise of 49% in its shares in this year. Pandemic bought demand for Microsoft Cloud service leading to upsurge in sales. While Apple has seen rise in sales of 13% this year.

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