Microsoft Wins Title of world’s Most Profitable Company
Apple lost its reputation as the world's most profitable company when its shares fell 2% on Friday.
Microsoft: Most Profitable Company, Apple lost its reputation as the world’s most profitable company when its shares fell 2% on Friday. Apple suffered a $6 billion deficit in the fourth quarter due to global supply chain problems
Shares of Microsoft, on the other hand, rose 2.2 percent to 33 331.62 a share, leaving the company with a market capitalization of 49 2.49 trillion
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Shares of Microsoft rose 49% this year as demand for cloud services in the Corona virus increased, leading to increased sales of the company’s products
In contrast, Apple shares have risen only 13% this year
Apple’s stock market value surpassed that of Microsoft in 2010 when sales of the iPhone made Apple the world’s largest technology company
Apple had the honor of being the world’s most valuable company on the Wall Street Journal until mid-2020.
