Microsoft's stock market value catches up with Apple

Dec 02, 2018, 02:16
Microsoft's stock market value catches up with Apple

You may also recall that earlier this year we told you that Apple, the biggest tech stock of them all, topped a $1tn valuation, on its own for the first time. Talking about the market value, both companies since the last couple of days were playing catch-up on which various media outlet reported news like Microsoft is in the driving seat, but that did not last long as soon after Microsoft slipped into its original position.

Microsoft surpassed Apple as the most valuable company in the U.S., reaching a market capitalization of about $814 billion.

Now Apple became the first ever trillion d=dollar company ever known to the technological history of mankind.

Holy cow! Meet Knickers the giant steer, too big to be slaughtered
That title belongs to Bellino, an Italian steer who stands about 2 in. taller than Knickers, reports The Guardian . Holstein-Friesians are a dairy breed and normally weigh in at about 1,500 pounds and stand about 4ft 1ins tall.

Apple has slid amid growing concerns the company is seeing weak demand for iPhones, by far its biggest product line.

But Apple has suffered more than other Silicon Valley stalwarts, down 23 per cent since it warned on November 1 that sales for the crucial holiday quarter would likely miss Wall Street expectations.

But a lot has happened since then as the stock market suffered through Red October, one of its worst months since the financial crisis, with the Nasdaq Composite shedding more than 12%.

I Answered Mueller's Questions, Not Submitted Them
The person wasn't authorized to speak publicly about the meeting and spoke to The Associated Press on condition of anonymity. No comments were available from the special counsel's office and the Justice Department.

Apple and Microsoft have one of the most storied rivalries in Silicon Valley, one that goes back to the mid-1970s. When he took over in 2014, Nadella said he wanted to focus on its subscription-based businesses and the cloud.

For years, Apple has ruled as the US stock with the largest market cap.

Microsoft shares rose more than 3 percent as USA markets and large cap tech stocks shook off recent losses.

Roy Clark, country guitar virtuoso, ‘Hee Haw’ star, has died
Owens, who left the show in 1986, later referred to it as a "cartoon donkey", one he endured for "that big paycheck". Carl Vaughn lives in Whitesboro but also spent 20 years in the country music capital of Nashville, Tennessee.

According to Rich Ross, a technical analyst at Evercore ISI, Apple's stock "has another 18 percent downside", which could take the stock to $140.

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