Microsoft Overtakes Apple as Most Valuable Company

Microsoft’s last extended run as the world’s most valuable company took place during the late 1990s and early 2000s, when its business mostly consisted of the Windows Operating system and its suite of Office software applications.Which company do you think is better positioned in the long term, Microsoft or Apple?recent growth harks back to that era

. Its fiscal year that ended in June was its fourth straight year of double-digit revenue growth—a feat not seen since fiscal 2004. And its annual operating margin passed the 40% mark for the first time since fiscal 2001. Microsoft becoming the most valuable company in the U.S. speaks to the momentum the company is seeing in the arms race in the cloud space, said Dan Ives, managing director for Wedbush Securities. He said Wall Street views the company out of a different growth lens today than it did a decade ago due to its cloud business.Microsoft’s market cap

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Microsoft passes Apple to become the world's most valuable companyMicrosoft and Apple have each had their turn as the world's most valuable company. That’s a shocker The guy who is the biggest shareholder of Microsoft as a person. 😁 For today.
Source: CNBC - 🏆 12. / 72 Read more »