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
Nanda Vrata is dedicated to Shiva and it is believed that Goddess Sati observed this vrat to get Shiva as her husband. It is observed during Phalgun Shukla Paksha...
Recently posted . 18K views . 3 min read
This question has seeked me ever since I can remember ...from my childhood..in my dreams...in my realisation and my internal assimilation of Lord Krishna as my god....
Recently posted . 9K views . 1 min read
Story of Sharabha and Narasimha
In Hinduism, the ‘trimurti’ (Gods) - Brahma, Vishnu, Mahesh, are...
Recently posted . 7K views . 1 min read
Have any of you realised how beneficial and helpful the lemon is when kept in a transparent glass of water, what it does? Here is the lemon ...
Recently posted . 6K views . 1 min read
More in Electronics & Gadgets
• Medicine with awareness has better effect for sick body.
• Hard-work with awareness has a better effect for financial growth.
Recently posted. 1K views . 1 min read
Special grass used in Hindu rituals is rich in mythology, says Devdutt Pattanaik
Recently posted. 1K views . 0 min read
भारतीय परंपरा में भोजन को भगवान का दर्जा प्राप्त है। कहा जाता है कि भोजन यदि सही तरीके से किया जाए तो न सिर्फ वो हमें पोषण देता है अपितु उससे हमारी आयु में भी वृद्ध...
Recently posted. 541 views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 4K views
Recently posted . 3K views
Among the most exalted of all Vishnu temples is the one at Puri, in Orissa, where the deity is called Jagannath – the Lord of the Universe. Jagannath is an in...
Recently posted. 2K views . 7 min read
Makar Sankranti is India’s major festival. This day, sun moves from Tropic of Capricorn(Dakhshinayan) to Tropic of Cancer(Uttarayana). Makar Sankranti is cele...
Recently posted. 1K views . 3 min read