Microsoft dethrones Apple as world's most valuable company
Microsoft dethroned Apple as the world's most valuable company after its market value was above Apple's at the close of trading on Friday at $851.2 billion, compared to Apple's $847.4 billion. Microsoft's valuation surpassed multiple times this week during intraday trade but Apple beat Microsoft at market close. Apple's stock plummeted in November after lower than expected fourth-quarter earnings.