Apple reclaimed the top position as the world’s most valuable company, surpassing Microsoft in a fierce competition. Apple had briefly lost its lead but quickly regained momentum, now worth nearly $3 trillion, solidifying its status as one of the most significant companies globally. Microsoft closed the day at $2.947 trillion.
Apple is now the world’s most valuable company.
Apple’s shares opened higher on the 22nd day at $192.30, compared to the previous day’s close of $119.56, reaching $193.89 by the end of the trading day on NASDAQ in New York. Apple’s overall value then stood at $2,988 trillion.
The rivalry between Apple and Microsoft has gained notice recently, with analysts predicting even more intense competition in the near future. Microsoft’s significant growth, particularly in artificial intelligence through OpenAI, has been highlighted, while Apple has not demonstrated comparable advancements in this field.
