Microsoft bags Apple’s crown as the world’s most valuable listed company


By MYBRANDBOOK


Microsoft bags Apple’s crown as the world’s most valuable listed company

Microsoft surpassed Apple as the world’s most valuable listed company and is now worth $2.5 trillion. The software giant took the top spot after Apple’s shares fell 3.5% amid supply chain issues affecting sales of iPhones that could linger well into the holidays. The two have swapped places before – Microsoft edged past Apple in July 2019. With Satya Nadella’s firm firing on all cylinders, it may be time to rethink membership of the FAANG-gang.



Microsoft didn’t get a look-in when Facebook, Apple, Amazon.comNetflix and Alphabet’s Google were lumped together in an acronym to describe the highest-flying tech firms. But the Office stalwart can certainly keep pace with those members. It is expected to grow revenue for its next fiscal year 16% year-over-year to $195 billion, according to Refinitiv – faster than Netflix and Apple and on par with Alphabet.

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