Microsoft Closing In on Apple as World’s Most Valuable Company
Microsoft has been duking it out with Apple to be the largest publicly traded company by stock market value. Microsoft briefly surpassed Apple on a stock market value basis early Tuesday, but then shot ahead of it again on Wednesday when the market rallied on Fed Chairman Jerome Powell’s comments.
Ironically, when Microsoft was on top in December 1999, it was worth $604 billion, while Apple was a slender $16.5 billion, according to S&P Dow Jones Indices data.
Microsoft Closing In on Apple as World’s Most Valuable Company <