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Shares of Microsoft on the New York Stock Exchange rose more than 3% Wednesday to 110.99 dollars per share.
The total market value of the company has reached about 850 billion with the increase in shares. Thus, eight years after the market value of 845 billion Apple, Apple's rival, surpassing more and more Microsoft, the world's most valuable company took over the title.
The fall of Apple's position as the most valuable company in the world has been a decisive factor in the recent decline in Iphone inventory demand and the fear that trade wars will negatively affect supply. The company's shares have fallen more than 20% in the last three months to reach $ 171 per share.
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