Future Tech

Apple beats Microsoft to return as world's most valuable company

Tan KW
Publish date: Wed, 12 Jun 2024, 10:22 PM
Tan KW
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Future Tech

 Apple once again became the world's most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology.

Apple's shares rose nearly 2% to $211.10, giving it a market valuation of $3.24 trillion. Microsoft's market capitalization stood at $3.23 trillion, falling behind Apple for the first time in five months.

 


  - Reuters

 

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