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The tech giant Microsoft has threatened Wednesday to suspend the closing of the Wall Street session of the market capitalization of another of the most important sector, Apple, an event that would lead it to become the most valuable company in the New York market.
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Although it was unable to maintain the figures before the end of the trading day, the company co-founded by Bill Gates momentarily overtook the apple producer when he reached $ 846,730 million, against $ 846,530 million recorded at that time.
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This week, Microsoft also joined Apple on two other occasions, Monday and Tuesday, although briefly and by a smaller margin. Microsoft has managed to overtake Apple for the first time since mid-2010, when the two companies had a much lower value, in the order of $ 226,000 million, more than three times less than their current capitalization. .
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Although the Californian firm reached the trillion dollars last August, with what marked a milestone in the United States, was greatly affected by the widespread stock market crash that began in October, which hurt the technology sector.
However, he punished, especially Apple, after several market badysts published reports that doubted their future and predicted a decline in the sale of iPhone, which introduced significantly new pricing models.
Since October 1, the shares of the company created by Steve Jobs fell by 22.8%, while those of Microsoft had devalued only about 6% during the same period. As a result, Apple's growth so far this year is 6.92% at the close of today's trading session, while that of Microsoft is 29.90%. That of Bill Gates could therefore become the most valuable company on Wall Street after 16 years without taking the job, because the last time goes back to 2002.
The battle between the two giants of technology is today very different from that of almost 19 years ago. In December 1999, Microsoft was at the top of the Wall Street capitalization chart with $ 604,000 million, compared with $ 16,500 million for Apple. . Apple, however, has grown exponentially in the following years and since 2012, the company has become the company with the greatest value in New York flooring.
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