Microsoft Has Beat Apple To Become The Most Valuable US Company

Microsoft CEO Satya Nadella

Microsoft tops Apple as world's most valuable company

The loss wiped out the 1.35 percent gain during the official trading session and put Apple's stock market value at $814 billion.

Apple no longer the most valuable US company after Microsoft Corporation surpassed it in terms of market capitalization. According to a report from The Verge, Microsoft's capitalization reached as high as $812.93 billion, exceeding Apple for the first time by about $330 million, albeit very briefly.

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The news may come as a shock to many considering that less than two months ago, Apple peaked above $1.2 trillion while Microsoft recorded a market value of $887 billion.

Now Apple became the first ever trillion d=dollar company ever known to the technological history of mankind. While Microsoft hasn't been immune from weakness in the technology sector, it has held up much better. That would put it below both Inc., now valued about $773 billion, and Google-parent Alphabet Inc., which has a market cap of about $732 billion. It generated a capital of about 753.3 billion U.S. dollars in the year 2010 and became the most valuable organization in the United States.

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Apple has been on a staggering trajectory in the decade since the iPhone was released, and in the process made Microsoft look like a technology company of the past.

Below is a chart comparing the market caps of Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) going back to 1986.

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Global demand for smartphones has slowed in recent years, making it more hard for Apple to increase its revenue. Shares have tumbled into a bear market, down almost 24% from their September peak. When he took over in 2014, the executive said he wanted to focus on subscription-based business and the cloud. Microsoft shares are down 8% from their September close.

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