Microsoft has regained its position as the world’s most valuable publicly traded company, overtaking longtime rival Apple. As the trading week ended, Microsoft’s market value soared to $3.235 trillion, surpassing Apple’s $3.07 trillion. In third place is Nvidia, with a current valuation of $2.76 trillion, according to The Information.
The notable leap in Microsoft’s share price came after the company posted better-than-expected results for the March quarter, exceeding Wall Street projections. CEO Satya Nadella emphasized robust and continuing demand for the company’s cloud infrastructure and artificial intelligence (AI) platforms during an investor briefing.
Microsoft’s stock performance has outshined Apple’s throughout the year, reflecting investor optimism surrounding its AI-driven strategy and cloud computing dominance. This surge is reminiscent of a major boost in 2015 when Azure’s revenue more than doubled, leading to a 10% spike in Microsoft’s stock.
Meanwhile, although Apple also delivered strong iPhone-driven earnings in Q1, it faces economic pressures stemming from the Trump-era import tariffs. The company’s dependency on foreign-made components makes it especially sensitive to such trade measures. Apple’s share value has plunged by 18% since January — one of the largest declines among tech heavyweights.
CEO Tim Cook disclosed that Apple may incur an additional $900 million in expenses this quarter if tariff conditions persist. Per Dow Jones Market Data, Apple’s market drop is the most significant among major firms this year, second only to Tesla, which has seen a 29% decline.
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