Microsoft Leapfrogs Apple To Win Title Of World's Most Valuable Company
December 03, 2018 / Laurie Sullivan
Market capitalization can change rapidly for many reasons, but last week Microsoft quietly became the world’s most valuable company in terms of market capitalization. It occurred on Wednesday and continued to play leapfrog with Apple throughout the week. Microsoft took the No. 1 spot from Apple last week, surpassing fellow rivals Amazon, Facebook and Alphabet to close the day with a market cap of $851.36 billion -- nearly $4 billion higher than the iPhone and Mac maker. Citing FactSet, The Wall Street Journal reports a market cap of $847.4 billion for Apple, followed by $826.4 for Amazon and $766.4 billion for Google’s parent company Alphabet.