Microsoft Replaces Apple as World's Most Valuable Company
Microsoft under the leadership of Satya Nadella has edged out Apple as the world's most valuable publicly-traded company. At the end of Friday's trading session, Microsoft had a market valuation of $851.2 billion, while Apple's valuation stood at $847.4 billion.
According to CNBC, if Microsoft manages to hang on to its position till the end of the year, it will be the first time since 2011 that Apple wouldn't have finished at pole position. Microsoft last ended the year at number one in 2002, while Apple took over from Exxon Mobile as the most valuable company in 2012.