Last week, both Microsoft and Apple and other companies announced financial results for the third quarter of the year, results that, in the case of Apple, did not meet analysts’ expectations, despite strong growth in product categories.
Apple’s results, called disappointing by Wall Street analysts and experts, have had their effect on the stock market. This fall has been taken advantage of by Microsoft and its good quarterly results (beating forecasts and obtaining a net profit of more than 15,500 million dollars in the last quarter) to position itself as the most valuable company in the world today.
Apple ended the day last Friday with a market capitalization of 2.48 trillion US dollars. Microsoft’s closing capitalization of the Wall Street stock market last Friday was 2.49 trillion US dollars.
Apple and Microsoft they have been alternating the first position as the world’s most valuable company since 2020, when Apple was leading that ranking. The career of both companies is now in seeing which is the first to reach the barrier of 3 trillion dollars in burstail capitalization.
In third position is Saudi Aramco, the largest oil company in the world, followed by Alphabet with a market capitalization very close to 2 trillion dollars.
In removed position is Amazon, with 1.7 billion market capitalization, a company now led by Andy Jassy, after replacing Jeff Bezzos last summer.
The top 10 most valuable companies in the world close Tesla, which surpassed the $ 1 trillion market capitalization last week, followed by