And the dispute for the title of most valuable company in the world remains intense. After eight years at the top of the pyramid, Apple ($ AAPL) saw its former archrival, the Microsoft ($ MSFT), take your post. A day later, however, Apple took over again and remained so for another day – meanwhile, Microsoft and Amazon ($ AMZN) swapped positions, fighting for second and third places.
Today, it didn’t work for Apple. With a drop of 1.1%, its shares were worth US $ 174.72, taking its market value to $ 829.11 billion; Meanwhile, Microsoft’s shares rose 0.62%, now worth $ 109.19. With that, the market cap hers jumped to $ 838.16 billion.
But it wasn’t just Microsoft that passed Apple, no. The stage is bad and Amazon has also surpassed Apple: with the increase of 1.85%, her shares closed the day worth US $ 1,699.19 and its market value is at $ 830.85 billion – that’s right, just $ 1.74 billion ahead.
1 | Microsoft | $ 109.19 | + 0.62% | $ 838.16 billion |
2 | Amazon | $ 1,699.19 | + 1.85% | $ 830.85 billion |
3 | Apple | $ 174.72 | -1.1% | $ 829.11 billion |
If we compare the current numbers with those of two days ago, we see that they are all losing a lot of market value: the three giants were worth $ 860.42 billion ($ MSFT), $ 866.62 billion ($ AMZN) and $ 877, 04 billion ($ AAPL). Amazing.
We’ll see what the next chapters of this dispute will look like. Any guesses?
Update, for Rafael Fischmann Dec 07, 2018 at 20:20
On a new NASDAQ trading day, a further significant drop in $ AAPL. Only today, both $ MSFT and $ AMZN fell more than she – Microsoft kept the 1st place, but Apple stole 2nd from Amazon.
So we are:
1 | Microsoft | $ 104.82 | -4.00% | $ 804.6 billion |
2 | Apple | $ 168.49 | -3.57% | $ 799.6 billion |
3 | Amazon | $ 1,629.13 | -4.12% | $ 796.6 billion |
After being worth $ 1.1 trillion, Apple has now dropped below $ 800 billion in market value. What a thing.