Microsoft tops Apple to become world's most valuable company
Shortpedia
Content Team
Image Credit: Shortpdia
Apple Inc lost its crown as the world`s most valuable public company to Microsoft Corp on Friday, as the iPhone maker`s shares continued their downward slide. Apple took a $6 billion hit to its sales during the fiscal fourth quarter due to a nagging global supply chain problem, leading to a miss on Wall Street expectations. Top boss Tim Cook said the impact will be even worse in the current holiday sales quarter.
