Microsoft overtakes Apple as world’s most valuable company

  • AAPL.us
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  • MSFT.us
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On Friday, Microsoft (MSFT.us) passed Apple (AAPL.us) as the world's most valuable company. Microsoft's value is $2.89 trillion, whilst Apple's is $2.78 trillion. Over the last 12 months, Microsoft has rallied almost 63% against Apples 40%. This has effectively ended Apple's more than 500 days as the highest valued company in the world, with Microsoft last holding the spot in November 2021.

The AI boom has been a boon for Microsoft, with the company being the largest investor in OpenAI. Moreover, it has launched Copilot AI software across its offerings and its Azure cloud business has a tailwind behind it from the increase in AI workloads.

Apple, on the other hand, has struggled somewhat. Revenue has been declining and demand for its phones and hardware has been dropping.

Russell Shor

Senior Market Specialist

Russell Shor joined FXCM in October 2017 as a Senior Market Specialist. He is a certified FMVA® and has an Honours Degree in Economics from the University of South Africa. Russell is a full member of the Society of Technical Analysts in the United Kingdom. With over 20 years of financial markets experience, his analysis is of a high standard and quality.

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