Apple Edges Past Microsoft to Become Worlds Most Valuable Company Again

2024-06-12 16:16:10

Apple Edges Past Microsoft to Become Worlds Most Valuable Company Again

Apple’s shares rose nearly 2% to $211.10. (Representational)

Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology.

Apple’s shares rose nearly 2% to $211.10, giving it a market valuation of $3.24 trillion. Microsoft’s market capitalization stood at $3.23 trillion, falling behind Apple for the first time in five months.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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