The Warwhoop

Microsoft Becomes Most Valuable Company

Shauna Roesch

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On Tuesday November 27, Microsoft marked their calendar as a big day for the company. They briefly passed Apple and became the world’s most valuable company. Microsoft began their climb by “continued traction with cloud computing and its ability to avoid the disappointing earnings results and increased regulatory scrutiny that have plagued many of its big tech rivals recently,” according to CNN Business news. While teetering on the edge of passing Apple on Monday, Microsoft beat Apple by a very slim amount.  Microsoft has a market cap of $815.8 billion, while Apple had a market cap of $815.5 billion, according to Refinitiv.

 

In 2010, Apple passed up Microsoft to become the most valuable company. While Apple’s business was prosperous, Microsoft’s business was struggling.  Microsoft however pulled through by focusing on enterprise customers and less on consumers. They made a bet on cloud computing for many years, making them one of 2 dominant players in a swiftly growing market, Amazon being the second.  This made Microsoft its first year of making $100 billion dollars.

 

Analyst at Wedbush, Daniel Ives, stated to CNN Business that, “[Microsoft has] almost been Teflon-like. The company is continuing to hum along, as many of their well-known tech peers [are] going into major stumbling blocks.” While Microsoft was sued 20 years ago by the US for engaging in anti-competitive behavior, it has become one of their strengths in the industry.  Microsoft is a large company and has grown well in its business over the past years.

 

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Microsoft Becomes Most Valuable Company