The cost of the IT giant Microsoft has exceeded the capitalization of Apple – the most expensive corporation in the world. The shares of Microsoft have risen by 2%, while the securities of Apple have fallen by 0.5%. At the end of last week, Microsoft was worth $ 791 billion, while Apple cost $ 817 billion.
Since last month, Apple has fallen in price by more than 20%. This is due to the concerns about the decline in sales of smartphones produced by the company under the iPhone brand. Previously, the company’s capitalization was more than $ 1 trillion.
The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade