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Friday, 24 March2023

Microsoft might steal Apple's top spot as most valuable company soon

Microsoft might steal Apple's top spot as most valuable company soon

<p>Fuelled by Pandemic growth, tech giant Microsoft has posted revenues totaling over $45.3B in the first fiscal quarter, a jump of 22% from the previous year. Microsoft shares also climbed 2% in after-hours trading, with good reason. Its Azure unit, whose main competition is AWS, is in a position to thrive having 20% of the market share. Taking all into account, Microsoft is valued at $2.33T, compared to Apple&#39;s $2.47T, and might grow further.</p>

Read full story at Reuters
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