Microsoft has replaced Apple as the most valuable American company
SAN FRANCISCO. Only four months after it reached a market value of one trillion dollars, Apple on Wednesday received the crown of Microsoft's most valuable US stock exchange.
With a market capitalization of approximately $ 848 billion ($ 749 billion), the software company was about $ 3 billion to the iPhone.
Shares have declined since the beginning of the month. About 20 percent lost Apple shares, while Microsoft lost half a percent. At present, Donald Trump's statement has been released. The US president said in a newspaper interview that Apple could also be affected by additional tariffs against China.
Many investors make money on technology events in weeks. The trigger of sales was not just an American tariff dispute with China, but a warning from Apple's chief executive Tim Cook that sales in a significant Christmas quarter could be lower than market expectations.
In 2010, Microsoft had to hand over smartphone manufacturers to the crown of the most valuable US stock exchange. At that time, the Windows operating system manufacturer suffered under falling PC demand. Meanwhile, Microsoft is also an important player in cloud computing just behind Amazon.
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