With market capitalizations neck-and-neck at $2.887tn and $2.875tn, Microsoft pulls ahead due to worries about iPhone sales
Microsoft’s stock market value ended a trading session higher than that of Apple’s for the first time since 2021 on Friday, making it the world’s most valuable company as worries about demand hit the iPhone maker’s shares.
Apple crept up 0.2% on Friday, while Microsoft added 1%. With that, Microsoft’s market capitalization stood at $2.887tn, its highest ever, according to LSEG data. Apple’s market capitalization was $2.875tn, calculated with data from a Thursday filing.
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