Bekker's Blog

Blog archive

Microsoft Overtakes Apple in Market Cap Race

As the tides fall in the tech sector, Microsoft's market cap has emerged as the largest.

Back when tech stocks were on the upswing, Apple and Amazon both drove and benefited from the trend, reaching market caps over $1 trillion, with Microsoft and Alphabet close behind.

Now that the tech sector is falling along with markets overall, Microsoft is falling less quickly.

In midday trading Monday, Microsoft surpassed Apple as the most valuable company in the United States. Microsoft's market capitalization was $812 billion, about $1 billion higher than Apple's.

News has been rough for Apple over the last few weeks, with the stock losing nearly a quarter of its value since a September high on reports of drops in smartphone demand. Microsoft, on the other hand, continues to deliver on its pivot from a Windows-first to a cloud-first business.

Even though Microsoft seems to have regained supremacy from Apple on this one business measure (for the moment, at least), Microsoft stock is nearly 9 percent off its record high from early October.

Posted by Scott Bekker on 11/26/2018 at 11:55 AM


Featured

  • Surface and ARM: Why Microsoft Shouldn't Follow Apple's Lead and Dump Intel

    Microsoft's current Surface flagship, the Surface Pro X, already runs on ARM. But as the ill-fated Surface RT showed, going all-in on ARM never did Microsoft many favors.

  • IT Security Isn't Supposed To Be Easy

    Joey explains why it's worth it to endure a little inconvenience for the long-term benefits of a password manager and multifactor authentication.

  • Microsoft Makes It Easier To Self-Provision PCs via Windows Autopilot When VPNs Are Used

    Microsoft announced this week that the Windows Autopilot service used with Microsoft Intune now supports enrolling devices, even in cases where virtual private networks (VPNs) might get in the way.

  • Most Microsoft Retail Locations To Shut Down

    Microsoft is pivoting its retail operations to focus more on online sales, a plan that would mean the closing of most physical Microsoft Store locations.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.