Microsoft shortly passed Apple as the most valuable American company
Wednesday, November 28, 2018 IST
For a while this Monday, Microsoft surpassed Apple as the most valuable United States-based company. The software company hit a valuation point of $813 billion today, which was just $1 billion ahead of Apple. Considering that not long ago Apple (and Amazon not too long after) broke $1 trillion valuation, it has come a long way down since then, due in part to Apple’s latest (and most expensive) smartphones (XR, XS, XS Max) not selling as well as anticipated.
It isn’t to say that Microsoft hasn’t faced any challenges lately, but Apple has been just been barely able to get by with investors. Its smartphone business has slowed down due to a very complicated list of factors but has tried to compensate revenue by raising the retail price of iPhones every year while also focusing on selling subscription based services like iCloud and Apple Music.
On the other hand, Microsoft is doing well with Azure cloud services and Office 365’s subscription-based model while Microsoft’s gaming segment (Xbox) is seeing strong forecasts with its Xbox All Access monthly subscription model. On a similar note, both Sony and Microsoft are rumored to be releasing brand-new consoles this year.
We are anticipating a very interesting Q4 this year. Apple recently introduced its new iPad Pro, Mac Mini, and MacBook Air lineups which are coming out just in time for the shopping season. Its recent partnership with Amazon to sell Apple devices will also help boost some sales and we’re curious to see if 2018 iPhone sales will strengthen before the end of the year.
Related Topics
Trending News & Articles
Troubles mount for Pakistani actress Saba Qamar as a sensational new video from her controversial photo shoot has made its way on the Twitter. A few days ago, Saba ...
Recently posted . 10K views . 6 min read
Actress Hansika Motwani is the latest to fall prey to the evil side of the internet as her private swimsuit pictures got leaked online without her consent. The Sout...
Recently posted . 7K views . 2 min read
It’s a lazy spring afternoon. You are at home and relaxing lousily on your couch but overall you are getting bored and searching means to entertain yourself. ...
Recently posted . 6K views . 4 min read
In his five-very long term vocation, Bhupinder Singh had worked with the greatest names of the music business, from Mohammed Rafi to Lata Mangeshkar.
Recently posted . 6K views . 1 min read
More in Electronics & Gadgets
From Queen Padmavati (played by Deepika Padukone) and Maharawal Ratan Singh (played by Shahid Kapoor) to Alauddin Khilji (Ranveer Singh) and his wife Mehrunissa (Ad...
Recently posted. 1K views . 3 min read
After the intimate pre-wedding ceremony, the FIRST PHOTOS of Rajinikanth's daughter Soundarya and her husband Vishagan Vanangamudi are out.
Recently posted. 1K views . 1 min read
Priyanka Chopra appeared on The View and opened up about her views on marriage, husband Nick Jonas and more.
Recently posted. 933 views . 0 min read
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 2K views . 40 min read
Recently posted . 2K views . 52 min read
Suhana Khan is reportedly shooting for a short film
Recently posted. 900 views . 0 min read
New Delhi: Did you know that Shraddha Kapoor could have made her Bollywood debut with Salman Khan? Yes, you read that right. The actress, in a rece...
Recently posted. 1K views . 6 min read