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Microsoft Apple

Microsoft Passes Apple To Become the World's Most Valuable Company (cnbc.com) 55

Posted by msmash from the how-about-that dept.
Microsoft passed Apple in market cap on Friday, making it the world's most valuable publicly-traded company, after Apple missed earnings expectations on Thursday. From a report: As of 10:30 a.m. ET Microsoft had a market cap of $2.45 trillion while Apple's stood at about $2.41 trillion. Apple reported revenue that fell short of Wall Street expectations during the company's fiscal fourth-quarter on Thursday, a result of supply chain constraints. CEO Tim Cook told CNBC's Josh Lipton the revenue shortfall is estimated at $6 billion, but he expects worse supply chain issues in the December quarter. iPhone sales at the company were up 47% year-over-year but also fell short of analyst expectations. The company's fourth-quarter only included a few days of iPhone 13 sales. Microsoft beat revenue expectations during its fiscal first quarter, which climbed about 22% year-over-year. That was the fastest growth since 2018, CNBC previously reported.
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Microsoft Passes Apple To Become the World's Most Valuable Company More

Microsoft Passes Apple To Become the World's Most Valuable Company

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  • Giant hateful turd become more valuable than other giant hateful turd.

  • Apple is down because they make stuff (Score:5, Insightful)

    by SuperKendall ( 25149 ) on Friday October 29, 2021 @11:25AM (#61939005)

    The reason Apple has dropped more than Microsoft, is because Apple makes more real stuff, therefore is more affected by shortages.

    Microsoft still makes mostly just software with a handful of devices, so they can carry on as they are.

    In the long run though the company making real world products is probably more valuable.

    • Re: (Score:2)

      by schwit1 ( 797399 )

      China makes stuff for Apple.

    • In the long run though the company making real world products is probably more valuable.

      Why would you say that? You think a company that makes stuff that lasts quite a while is more valuable than a company that builds something and charges customers a continuous subscription generating an ongoing revenue stream? Just how many people don't give a shit about the latest iPhone, or skipped the prev gen Macbook Pro entirely?

      Don't discount the "service" industry. Nothing will make you reconsider what in life you find more valuable than looking at a shiny Apple toy in one hand, and the phone number t

    • Re:Apple is down because they make stuff (Score:4, Interesting)

      by fropenn ( 1116699 ) on Friday October 29, 2021 @01:49PM (#61939433)
      A big chunk of Apple's revenue in the most recent quarter was services, around $18 billion (which is more than Mac and iPad revenue combined). It is still less than their revenue from iPhone sales in the same quarter, which was around $39 billion. Increasingly, Apple is seeing its devices as a way to sell services so I expect Apple's services revenue to continue to climb in the coming years.

    • Re: (Score:2)

      by dfghjk ( 711126 )

      "In the long run though the company making real world products is probably more valuable."

      In the long run both companies can be valueless. Speculating on the future value of either company, especially for a hyper-partisan like you, is meaningless. Cloud computing services are "real stuff".

  • about 1Trillion$ companies. Most of them extract every dime they can (like a good company should) using their monopolistic\oligopolistc practices. I would be more excited about a development of the government reigning some of their power in. And 30% cut for an eCommerce store is ridiculous, if there were multiple app stores to chose from you could bet the price would be lower.

    • I don't know why everyone is so excited about 1Trillion$ companies

      Not everyone is excited. People who own stock in those companies are excited. Which include a lot of people on Slashdot and in America.

    • Re: (Score:3)

      by dfghjk ( 711126 )

      "Most of them extract every dime they can (like a good company should) ..."

      The mere fact that you would accept that a "good company" should do this is at the core of the problem. "Good" companies should NOT do this. A good company does not employ scorched earth business practices, but the blink belief in the preeminence of capitalist ideals leads people to accept otherwise.

  • Not really a surprise (Score:5, Informative)

    by LynnwoodRooster ( 966895 ) on Friday October 29, 2021 @11:58AM (#61939085) Journal
    MSFT has about twice the net profit margin of Apple, and it's revenue is much more diversified (Apple's is about 80% from the iPhone and iPhone-dependent products).

    • Re: (Score:2)

      by dfghjk ( 711126 )

      I'm afraid you might be offering a bit too much basic perspective on this topic. Objectivity is /.'s holy water, it burns.

  • When a 2nd rated software company that can neither do good engineering nor has any respect for its customers gets to be this big then there is something fundamentally wrong.

  • I really don't. We know MS will destroy innovation, destroy perfectly fine innovative businesses as they are doing and have done so in the past, steal that market with their existing market power. And when they have it, they will drop any interest.

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