Tue. Jul 7th, 2020

Microsoft is back to the top of the world

1 min read

Microsoft has surpassed Apple as the world’s most valuable company in the world. Restore the first place after more than 15 years. Microsoft has a market value of more than $ 851 billion, while Apple is worth $ 847 billion. Apple was ranked first by Exxon Mobil in 2011. Microsoft was in 2002, 1999, 1998. Apple shares have fallen nearly 15% since November 7 and 24% since early October. The Amazon Index has fallen nearly 15% since that important day in September, when it exceeded $ 1 trillion, while the alphabet declined by a similar amount. By contrast, Microsoft has lost about 4% since its share price peaked on October 1.

Apple is likely to regain its No. 1 title due to the China-US trade deal. There will be no new tariffs on January 1, 2019. New tariffs are suspended while China and the United States negotiate a trade deal.

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