the minimum and at the last moment, but it was enough. Microsoft dismissed the session overtaking Apple as the largest company listed on Wall Street. The last time that the technology of Redmond was worth more than the manufacturer of the iPhone was at the end of may 2010. The shift is explained because the actions of the firm of Cupertino is left during the month of November, 16% of its value, after showing a few results that disappointed investors.
The margin is, in any case, very narrow. Microsoft closed the day with a valuation of 851.220 million dollars, whereas Apple was listed to 847.430 million. The trial has lasted all week. Tuesday and Wednesday have already exceeded several times during the session. But until the campanazo final this Friday it was not clear if the owner of the Windows operating system was going to be able to snatch the scepter from the manufacturer of Mac computers, its eternal rival.
When Atlasbet Apple surpassed for the first time to Microsoft, its value was approximately 226.000 million. From there he came back to over a trillion dollars in valuation last August. Amazon followed a few weeks later. But the business of the iPhone, its flagship product, peaked two years ago while the signature computing is consolidating as the second company more powerful in the emerging business of data management, where it competes with Amazon and Google.
Despite the bump that she suffered in November, Apple continues to maintain an appreciation of more than 5% in the year to date. But the performance of Microsoft was much more solid, with a rise of 30% since the beginning of 2018, and almost 5% in the month. And that’s despite the fact that the technology stocks are suffering a significant punishment on Wall Street. The Nasdaq takes weeks to moving in the zone of correction and this week it came to be negative for the year.
Apple became the biggest listed company in 2012. Then surpassed in the stock valuation to the oil company ExxonMobil, which had six years at the top. General Electric, which is going through a profound crisis, was at the top of Wall Street three years before. Microsoft was also the largest listed company in 2002 and during the boom of the technology stocks in 1998 and 1999. Recovered and a place that was 16 years ago.
