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Microsoft joins $1 trillion market cap club
Thursday April 25, 2019. 02:26 PM , from Mac Daily News
“Microsoft has joined an exclusive club whose only membership requirement is a market capitalization value of $1 trillion or more, and in the process it’s nabbed the crown for most-valuable company,” Steven Musil reports for CNET.
“The software giant broke the barrier Wednesday in after-hours trading when shares jumped more than 4% on better-than-expected earnings and revenue,” Musil reports. “The boost makes Microsoft the third US company to hit that market-cap mark.” “Apple became the first US company to hit the mark, in August, but its current market cap is $976 billion,” Musil reports. “Amazon briefly joined Apple a month later but now has a value of $935 billion.” Read more in the full article here. MacDailyNews Take: Apple leads. Microsoft follows. As usual. SEE ALSO: Apple is once again the world’s most valuable public company – February 6, 2019 Amazon tops Microsoft as most valuable U.S. company – January 8, 2019 Apple hits landmark $1 trillion valuation – August 2, 2018
https://macdailynews.com/2019/04/25/microsoft-joins-1-trillion-market-cap-club/
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