Microsoft’s market value surpasses Apple
Microsoft recently regained the throne of the world’s most valuable company from Apple. The current market value of the two companies is about $5 trillion. As of the closing time of US stocks on Friday, Microsoft has a market value of $331.62 per share and a market value of $2.6 trillion, Apple has a stock market value of $139.81 and a market value of $2.49 trillion.
Apple announced its financial report for the fourth fiscal quarter of 2021, with total revenue reaching $83.4 billion, a year-on-year increase of 29%. Among them, the iPhone business has the highest revenue growth, with year-on-year revenue growth of 47%, to a total of $41.51 billion; iPad revenue also recorded a year-on-year increase of 21%, with revenue reaching $7.23 billion.
Although a new revenue record was set, the stock price was also affected to a certain extent because the revenue was lower than market expectations. According to Apple’s financial report, due to supply chain issues and global chip shortages, Apple’s revenue has lost at least $6 billion. Apple also predicts that supply chain problems will continue into at least the December quarter.
Apple is the world’s first company to achieve a market value of 1 trillion and 2 trillion US dollars, of which only 2 years have passed. Microsoft’s market value briefly surpassed Apple in 2020 during the COVID-19 pandemic. Later, Apple returned to its number one position in market value and set a number of revenue records. However, in June this year, Microsoft also reached a market value of 2 trillion US dollars, after which the stock price rose all the way, an increase of more than 34%.
In fact, Apple and Microsoft have long ago started a battle for the throne of the world’s highest market capitalization company. As early as 2010, Apple surpassed Microsoft by $222 billion, and Microsoft surpassed Apple in 2018.
