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oOoHades
2021-10-31

Move over Apple, Microsoft now the world’s most valuable company

-Apple Inc lost its crown as the world’s most valuable public company to Microsoft Corp on Friday, as the iPhone maker’s shares fell about 2%.Apple took a $6 billion hit to its sales during the fiscal fourth quarter due to persistent global supply chain problems, leading to a miss on Wall Street expectations. Top boss Tim Cook said the impact will be even worse in the current holiday sales quarter.“Compared to less hardware focused FAANG peers, Apple is also a lot more exposed to supply chain d

Move over Apple, Microsoft now the world’s most valuable company

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Move over Apple, Microsoft now the world’s most valuable company

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