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Microsoft Overtakes Apple as World's Most Valuable Company (www.macrumors.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Microsoft Overtakes Apple as World's Most Valuable Company::Microsoft today overtook Apple as the world's most valuable public company by market value. Apple's share price dropped by just one percent,...

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[–] DingoBilly@lemmy.world 47 points 10 months ago (10 children)

It is pretty arbitrary as others have said.

But tbh, never understood why Apple is so highly valuable in the first place. Consumers are stupid.

[–] sturmblast@lemmy.world 15 points 10 months ago (1 children)

Apple is overvalued tremendously imo.

[–] MrSpArkle@lemmy.ca 3 points 10 months ago

iPod, iPhone, iPad, Apple Watch, AirPods, AirTags. None of those products were the first, just the first competent product that offers good usability in a sea of otherwise mediocre options.

As long as electronics makers keep sleeping at the wheel Apple will be able to capitalize on creating things people actually want to use.

The Vision Pro will be the next test. If it fails, and the follow up doesn’t sell, Apple will face a rude awakening and their stock value will drop. If they can’t succeed in the category after that, it will tank.

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