Microsoft’s capitalization has exceeded $ 2 trillion 400 billion.
The rise in the price of Microsoft shares at the auction on Wednesday, October 27, almost deprived Apple of the title of the most expensive company in the world.
Microsoft shares rose by 4.2%, which led to an increase in the company’s capitalization to $ 2 trillion 426 billion – Apple (its shares fell 0.3% on Wednesday) is estimated at $2 trillion 461 billion.
The year 2021 was a good one for Microsoft, whose shares rose by 45% due to the growing demand for its cloud services caused by the COVID-19 pandemic. Apple shares have risen by 12% over the same period.
In the fight for the title of the most expensive company in the world, Apple beat Microsoft in 2010, thanks to the release of the iPhone.
