Microsoft briefly overtakes Apple to become the most valuable company in the world

Microsoft has surpassed Apple in terms of market capitalization for the first time in eight years. Microsoft briefly reached a market capitalization value of $ 812.93 billion today, followed by Apple with a market capitalization of $ 812.60 billion. Microsoft was the most valuable company in the world, even if it was just a temporary title. Microsoft and Apple are now trading for the title.

Apple adopted Microsoft for the first time in 2010, with The New York Times describing the moment as "the end of one era and the beginning of the next". While Apple's stock has seen phenomenal growth over the last five years, peaking at a valuation of $ 1 trillion earlier this year, investors are worried about iPhone sales representing nearly 60% of Apple's total revenue. Apple has warned that it may miss Wall Street's estimates during the holiday quarter, which has lowered the stock price. Recent reports suggest that Apple has resumed production of the iPhone X because of low sales of XS. Apple will no longer disclose the number of iPhones, iPads and Macs sold, which will make it difficult for analysts to calculate the current level of iPhone sales.

Microsoft's stock has also performed well in recent years, thanks to the renewed confidence of the company that appointed Satya Nadella as CEO in February 2014. Nadella refocused Microsoft on the cloud and the software giant made big gains against Amazon, its main rival. Microsoft overtook Google earlier this year in terms of market capitalization, as well as Amazon last month. Microsoft has a surprisingly diverse business compared to other tech giants. Together, Windows, Xbox, and Surface account for only 36 percent of Microsoft's total revenue, compared with 86 percent of Google's advertising revenues.

Microsoft has failed dramatically in the mobile phone era with its Windows Phone efforts, but the company has shown its resilience. Microsoft is now focusing on cross-platform technologies, the cloud, artificial intelligence and aims to secure the future of quantum computing and mixed-reality computing. All of these efforts will face intense competition from Apple, Google, Amazon, Facebook and other companies, so expect to see a lot of operations on market capitalization positions in the coming years.