[ad_1]
Investing.com – Microsoft (NASDAQ 🙂 on Wednesday won the title of the most profitable company in the United States, with a market capitalization greater than that of Apple (NASDAQ :).
Microsoft's market capitalization reached about 833.02 billion US dollars at 10:17 am, exceeding Apple's 830.54 billion, according to figures released by Yahoo! Finance.
Apple and Microsoft ran side by side to win the title. US President Donald Trump's comments about pricing on iPhones and laptops hit Apple, which had surpbaded the trillion dollars four months ago.
Trump told the Wall Street Journal Monday that among his plans to introduce tariffs on China, he could apply a 10% tax on iPhones imported from China.
After Monday's close, Apple's shares lost nearly 2%, or a market capitalization of $ 814 billion, according to Reuters calculations, which used shares outstanding in the last 10 files filed by the company.
Tuesday, Microsoft briefly overtook Apple, recovering a title held 16 years ago, although the iPhone maker has managed to recover from the lows recorded in the day to defend his crown.
According to data from S & P Indices, Apple took the lead in 2012 when it ousted Exxon Mobil (NYSE :).
Fusion Media or anyone involved in Fusion Media will not accept any liability for loss or damage resulting from the use of the information, including the data, quotes, graphics and buy / sell signals contained in this site Web. Please be fully aware of the risks and costs badociated with financial market transactions. This is one of the most risky forms of investing possible.
[ad_2]
Source link
