Microsoft poised to overtake Apple as most valuable company

As Microsoft stock rises and Apple's falls over analysts expectation of slowing iPhone demand, the two firms are once more within $100 billion of each other — the smallest gap in over two years.Credit: MicrosoftApple and Microsoft have a long history of competing for the title of the world's most valuable company, although originally that was specifically in the technology category. In 2010, Apple dethroned Microsoft when it hit a market capitalization of $222 billion, and then in 2018 Microsoft briefly regained that top position.Now those sums seem quaintly low, and the two companies have instead been vying for the title of most valuable company globally, in any category. In August 2020, Apple became the first publicly-traded US company to reach a $2 trillion market cap, and Microsoft became the second one in June 2021. Continue Reading on AppleInsider | Discuss on our Forums