Apple surpasses Microsoft and is once again the most valuable company in the world

Apple surpasses Microsoft and is once again the most valuable company in the world

Apple surpasses Microsoft and is once again the most valuable company in the world

At the end of last week, the shares of Apple [$AAPL] set a new record during the NASDAQ trading session and closed the day at a value that made the company tie with Microsoft [$MSFT] market value.

The two continued to fight here and there for the past few days, but it was only yesterday (10/18) that Apple, after many months, actually surpassed Microsoft and recovered the post of most valuable publicly traded company in the world.

The $ AAPL closed the week at $ 236.41, up 0.48% from Thursday’s close; meanwhile, the $ MSFT fell 1.63% and closed the day at $ 137.41. With that, the market caps of both were respectively the $ 1.068 trillion and $ 1.049 trillion. The difference is not great, but the symbolism is what counts here.

Meanwhile, Amazon [$AMZN], which came to hold this crown for a while, is now worth $ 869.4 billion and could soon be overtaken by Alphabet [$GOOG], owner of Google, which has a market value of $ 864 billion.

Apparently, better-than-expected market reception by the new iPhones has excited Wall Street analysts / investors. But Microsoft is also in an excellent phase, so the fight between them for this position will certainly last.