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Hail to the new king: Microsoft overtakes Apple as world's most valuable company
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Microsoft overtook Apple as the world's most valuable company

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Moomoo Learn joined discussion · Jan 15, 2024 18:11
Microsoft Claims Global Market Cap Crown! With a 3.3% stock surge in the first two trading weeks of 2024, Microsoft's valuation hit $2.89 trillion, overtaking Apple's multi-year reign. What trends are driving this shift? Dive into today's news decoding.
Microsoft overtook Apple as the world's most valuable company
There are two main indicators that companies look towards to drive growth: an increase in revenue and higher profit margins. At a glance, it seems Microsoft has been successful in achieving both.
From FY2018 to FY2023, the company has successfully transformed itself from a personal computing manufacturer into a leading cloud computing provider. In its Productivity and Business Processes segment, which includes popular services like Office 365, Microsoft has shifted to a subscription-based model, rather than selling traditional software licenses.
"How to Read Microsoft's Earnings: A Key Business to Understand" offered by moomoo Learn is a good course for deciphering earnings of big names.
Microsoft overtook Apple as the world's most valuable company
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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