Microsoft Overtakes Apple As Most Valuable Company


Microsoft is stepping up as the most valuable company in the world.  Apple was in that spot and became the first company worth more than $1,000,000,000,000 this fall.  Amazon soon became the second.  But both companies have seen significant declines in their stock prices.  Apple has lost more than $300,000,000,000 in value over concerns about slowing iPhone sales.  Amazon's stock fell because of a poorer-than-expected earnings report in October.  Meanwhile, Microsoft's value is rising because investors like that it caters to businesses more than consumers.  Microsoft's value is now at $828,100,000,000 ... about $1,000,000,000 more than Apple's current value.

Photo: AOL


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