Microsoft Overtakes Apple as World’s Most Valuable Company::Microsoft today overtook Apple as the world’s most valuable public company by market value. Apple’s share price dropped by just one percent,…

  • DingoBilly@lemmy.world
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    2 years ago

    It is pretty arbitrary as others have said.

    But tbh, never understood why Apple is so highly valuable in the first place. Consumers are stupid.

      • MrSpArkle@lemmy.ca
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        2 years ago

        iPod, iPhone, iPad, Apple Watch, AirPods, AirTags. None of those products were the first, just the first competent product that offers good usability in a sea of otherwise mediocre options.

        As long as electronics makers keep sleeping at the wheel Apple will be able to capitalize on creating things people actually want to use.

        The Vision Pro will be the next test. If it fails, and the follow up doesn’t sell, Apple will face a rude awakening and their stock value will drop. If they can’t succeed in the category after that, it will tank.

    • Auli@lemmy.ca
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      2 years ago

      Why is Tesla so valuable? They sell way less cars then the old boys.

    • Desistance@lemmy.world
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      2 years ago

      That they are. I’m sure you’re going to get hit with the " it’s my money, I do what I do want with it" deflection.

      • Dalraz@lemmy.ca
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        2 years ago

        A fool and his money are soon parted.

        That said, apple does make great hardware and has/is pushing the industry forward.

        But boy are they anti consume and competitive.

        They even make fantastic hardware backdoor at some unknown price. Lol

  • sir_reginald@lemmy.world
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    2 years ago

    Don’t you all have a business or economics community to post this?

    If I subscribe to technology, I want tech news. Not how this month one tech giant is valued slightly higher than another.

  • reddig33@lemmy.world
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    2 years ago

    These articles are so meaningless. Every other week one overtakes the other.

    • Synthuir@lemmy.ml
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      2 years ago

      Uhhhh no? What was the last time MSFT had a higher market capitalization than AAPL? A lot longer than one week ago…

  • werefreeatlast@lemmy.worldBanned
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    2 years ago

    Hold up guys! It’s just a big misunderstanding! The Tesla parked at the Redmond parking lot is actually Bertha’s. She doesn’t work at Microsoft. She works for Uber.

    Again sorry, bad evaluation… apple can have it’s Crown back for another 10 seconds… okay now! This time Microsoft really is the…no wait! The homeless guy! The hobo just picked up the nickel! One more microsecond… okay now Microsoft is the clear winner by a single microwave oven!

    Oh no! Fred! He’s about to cook his fish dish again! Someone stop him!

  • kibiz0r@lemmy.world
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    2 years ago

    Over the past year, Microsoft’s support for artificial intelligence tools by backing OpenAI has helped boost its value

    …which I’m sure is not just hype and grift obscuring a heap of pending lawsuits.