"Hey Siri" support and possibly wireless charging case alongside AirPower charging mat.
Microsoft Passes Apple to Become Most Valuable U.S. Company
Microsoft today surpassed Apple to become the world's most valuable publicly traded company as a result of Apple's continually declining share price, reports Business Insider.
Microsoft has reached a market capitalization of approximately $814 billion, while Apple's is now slightly less.
Apple earlier this year became the world's only trillion dollar publicly traded company, but it lost that status in November and its market cap has steadily declined since then over concerns of weak iPhone sales and its announcement that it will no longer share iPhone, iPad, and Mac sales on a unit basis.
According to Bloomberg, Microsoft's market cap has not previously matched Apple's since mid-2010, eight years ago.
Microsoft's growing cloud business and strong PC sales made Microsoft one of the few tech companies to grow in value following its September quarter earnings results. Apple's valuation, meanwhile, has fallen more than 20 percent since its own earnings results.
Microsoft shares hit a high of $105.94 in intra-day trading, while Apple's have dropped to a low of $170.27. As stock prices fluctuate, Microsoft and Apple are now competing for the most valuable company title with the lead company shifting back and forth.
Microsoft has reached a market capitalization of approximately $814 billion, while Apple's is now slightly less.
Apple earlier this year became the world's only trillion dollar publicly traded company, but it lost that status in November and its market cap has steadily declined since then over concerns of weak iPhone sales and its announcement that it will no longer share iPhone, iPad, and Mac sales on a unit basis.
According to Bloomberg, Microsoft's market cap has not previously matched Apple's since mid-2010, eight years ago.
Microsoft's growing cloud business and strong PC sales made Microsoft one of the few tech companies to grow in value following its September quarter earnings results. Apple's valuation, meanwhile, has fallen more than 20 percent since its own earnings results.
Microsoft shares hit a high of $105.94 in intra-day trading, while Apple's have dropped to a low of $170.27. As stock prices fluctuate, Microsoft and Apple are now competing for the most valuable company title with the lead company shifting back and forth.
[ 625 comments ]
Top Rated Comments
(View all)
2 weeks ago
Good. The sooner Apple hits the ground with their insane pricing practices, the sooner we get better products at lower prices.
2 weeks ago
Well this is what happens when you focus on profits over people and you lose focus. The product lineup is overly expensive and confusing. The Macbook weighs less than the MacBook Air? C'mon. You don't sell the Timecapsule anymore because you don't update it and then say that it's not updated enough?
2 weeks ago
Well deserved!! Tim Cook transformed Apple into a greedy fashionable brand, milking a loyal customer base for as much money as possible!!
2 weeks ago
I can't afford to play in Apple's world anymore. Cost of living has gone up too much and my salary hasn't kept up so luxuries like Apple stuff are going the wayside. I hate to say it because I've always loved their stuff, but I think my next laptop will be a PC and my next phone will be a droid. It's been nice while it lasted.
2 weeks ago
What ruined Apple wasn’t growth … They got very greedy … Instead of following the original trajectory of the original vision, which was to make the thing an appliance and get this out there to as many people as possible … they went for profits. They made outlandish profits for about four years. One of the most profitable companies in America for four years. And what that cost them was their future. - Steve Jobs, 1995
2 weeks ago
Good for MSFT. They are the more interesting company right now. Time to add some gold to the iPhones and remove some more material from your iPads, Tim Cook. Set your innovation dial to 11!
2 weeks ago
Well done Tim
Your greed paid off for one quarter, got your bonus, and now Apple is tanked
Your greed paid off for one quarter, got your bonus, and now Apple is tanked
[ Read All Comments ]
Google today announced that it is expediting the closure of its Google+ social platform, which was previously set to end in August 2019 and will now be shut down in April 2019.
The company...
Apple today seeded the first beta of an upcoming macOS Mojave 10.14.3 update to developers, five days after releasing macOS Mojave 10.14.2, which addressed an issue with external displays and...
Apple today seeded the first beta of an upcoming watchOS 5.1.3 update to developers, four days after releasing the watchOS 5.1.2 update with new complications for the Infograph face and ECG...
Apple this morning seeded the first beta of an upcoming tvOS 12.1.2 update to developers for testing purposes, five days after releasing the tvOS 12.1.1 update.
Designed for the fourth and...
Honda consistently ranks as a top five best-selling car brand in the United States, so it's worth taking a look at the company's Display Audio infotainment system and how well it works with...
Google today announced that its Google Maps app for iOS will be updated today with a new "For You" tab in over 40 countries.
"For You" was first announced at Google I/O in May...
For this week's giveaway, we've teamed up with Anki to offer MacRumors readers a chance to win one of the company's adorable little Vector robots, which designed to be a personal robot...
Last year, accessory company Elago launched the W3 Charging Stand for Apple Watch, which turned Apple's modern wearable into a classic Macintosh. This week, Elago announced the latest iteration...
