Microsoft’s market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most valuable company, just behind Mac-maker Apple which became the first company to hit $3 trillion market value on January 3, 2022.
Reuters:
Microsoft and Apple shares have been vying for the top spot as the most capitalized stock on Wall Street since the start of the year, with the iPhone maker briefly losing its crown to the X-box owner earlier in January.
Shares of Microsoft hit a record high of $404.72, up 1.5%, and allowing the tech giant to briefly breach the $3 trillion market capitalization. Apple’s shares were trading at $195.47, up 0.14%, giving it a market value of $3.02 trillion, according to LSEG data.
MacDailyNews Note: Apple reports first fiscal quarter results after market close on Thursday, February 1, 2024.
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Microsoft lagging behind Apple…as usual.
I don’t care. I have shares in both. Oh, and long-term NVIDIA. Laughing all the way to the bank. And beach.
At the very least MSFT has been above the $1T mark consecutively longer than AAPL. 😛
MDN and many other Microsoft haters on this forum site claimed a few years ago that Microsoft will die off! Well look where it is now. You didn’t get that one right MDN along with many other “takes” you do. You didn’t see the future but were blinded by those Apple tinted glasses you were wearing.
Marvel all you like at Apple but Microsoft has been far more inventive in the last few years while Apple relies on it ipads, iphones cash-cows. Just remember many people don’t buy and don’t like iphones, they have them forced on them by their work places like mine does and I just use it for phone calls and company related apps. Go figure.