Apple and Microsoft are now both worth more than $4T
News Source : TechCrunch
News Summary
- Apple and Microsoft are now both worth more than $4 trillion each.
- Apple is the third company to ever cross the milestone, after Nvidia and Microsoft.
- Apple’s stock has soared following the launch of the iPhone 17 range, which seem to be outselling previous versions.
- Microsoft has also been thriving, thanks to demand for its Azure cloud service, which offers OpenAI's large language models as well as the computing power needed to train AI models.
- The company said on Tuesday that its roughly 27% stake in OpenAI was valued at about $135 billion.
Apple and Microsoft are now both worth more than $4 trillion each.This is the first time Apples market capitalization has crossed the $4 trillion mark, making it the third company to ever cross th [+1051 chars]
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