/Microsoft takes market cap crown from Apple

Microsoft takes market cap crown from Apple

Microsoft (NASDAQ:MSFT) briefly surpassed Apple (NASDAQ:AAPL) on Monday as the world’s largest public company, reaching a market cap value of $812.93B.

Apple’s stock has seen phenomenal growth over the past five years, culminating in a $1T valuation earlier this year, but investors are concerned about slowing iPhone sales and Wall Street estimates for the holiday quarter.

While iPhones make up nearly 60% of Apple’s entire revenue, Windows, Xbox, and Surface make up just 36% of Microsoft’s sales.