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Apple is no longer the first

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Apple is no longer the first
November 29
09:00 2018

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

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