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Microsoft's Valuation Catches Up to Apple — How Did it Happen?
Microsoft Corporation (NASDAQ: MSFT) briefly passsed Apple Inc. (NASDAQ: AAPL) as the world’s most valuable company Monday.
Apple has been on a staggering trajectory in the decade since the iPhone was released, and in the process made Microsoft look like a technology company of the past. A quick comparison of the companies’ retail stores at a local mall usually shows the divergence in consumer inerest in the brands; Microsoft simply failed to capitalize on the mobile revolution.
This makes Microsoft valuation move even more remarkable — marking the first time since 2010 that the company is valued higher than Apple — and could potentially reignite the conversation …
Photo: Getty iStock