Microsoft now ranks behind Apple in terms of being the world’s most valuable company, after managing to edge itself past Exxon Mobil in terms of market capitalization. Well, Exxon Mobil managed to top the list for a little while when Apple messed up their Apple Maps software, although a forthcoming fixed ensured that the world continue to spin on its axis, and that the sun will continue to rise in the east and set in the west, regardless of where you are in the world at that point in time. Microsoft has managed to make its way to the second spot on the list because their stock has had a particularly good run, especially in the past year that saw an increase of more than 40% since January.
Right now, Microsoft is estimated to have a market cap valuation of approximately $408 billion, which slightly surpasses Exxon Mobil’s market capitalization of $402 billion. I suppose their positions could interchange easily in the weeks and perhaps, months ahead.
Of course, regardless of whether you are in number 2 or number 3, both of them are still pretty far behind the $670 billion market cap mark that is set by Apple, and it does not look as though that value is going to drop anytime soon thanks to the success of the iPhone 6 and iPhone 6 Plus wherever it is launched in the world.
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