Microsoft passes Apple as the most valuable company in the world



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More bleak message for Apple: On Monday, Microsoft – though temporarily – had a market value greater than the iPhone giant.

When the stock market closed, the scheme was restored, but Microsoft's performance said something about the two companies in the fall of 2018.

Apple has released three new Iphone models earlier this year, but sales did not live up to expectations. In a market saturated with smartphones, almost Huawei is currently performing at least in the premium segment.

Microsoft – whose mobile phone efforts never worked – has a significantly larger product family than Apple and has become one of the largest providers of cloud technology.

It is the first time in eight years that Microsoft has passed Apple at market value. But Apple closed $ 828.64 billion, while Microsoft had to settle for $ 822.90 billion.

It's also the first time in five years that any company has gone through Apple, Bloomberg says.

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