Microsoft Passes Apple to become the more Valuable Company in the U.S. Last Month, Microsoft officially dethroned Apple to become the more valuable company in the United States due to Apple continuous declining share price. Microsoft which has a market capitalization of approximately $814 billion surpassed Apple to become the world most valuable public traded company in the United States.
Microsoft which was sued 20 years ago by the United States government for engaging in anticompetitive behavior has suddenly become one of the giants in the tech industry. This will also be the first time in two decades that Microsoft will be on the right side of a regulatory discussion.
Earlier this year, Apple was the only trillion dollars public traded company. However, Apple lost its status in November due to a decline in its market cap over concerns of weak iPhone sales.
While Apple’s stock has witnessed serious growth in the past five years which led to the $1 trillion valuations, investors are already raising concerns about the sales of Apple iPhone which makes for over 60 percent of Apple’s entire revenue.”
Since 2010, Microsoft market cap has never matched that of Apple. However, with Microsoft growing cloud business and strong PC sales, the firm became one of the few tech companies to rise in value due to its September quarter earnings results.
Under its present CEO Satya Nadella, Microsoft has position itself as a leader in cloud computing which has propelled the company to its $100 billion sales year while Apple has been on a stock plunge due to concerns about its pricy iPhones and decision to stop disclosing unit sales for smart phones.
At present, Microsoft do not have to worry about weak sales of iPhone currently being faced by Apple, neither is it vulnerable to an exodus of social media users due to concerns over privacy. Describing the new development, the New York Times says the moment leads to “the end of an era and the beginning of the next one.”
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