Microsoft dethrones Apple, becomes world’s most valuable company

Microsoft on Friday overtook Apple as the world’s most valuable company by market capitalization, with about a $100 billion gap between the two companies when markets closed.Credit: AppleInsiderApple’s market valuation, which is calculated by multiplying the share price by the number of outstanding shares, was $2.477.95 trillion as of 4 p.m. Eastern Time on Friday. Microsoft’s capitalization was at $2.489.57 trillion. Read more…
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