Microsoft has become the most valuable company in the world. Its value reached almost 2.5 trillion dollars

Microsoft has become the most valuable public company in the world, overtaking Apple.

Shares of Microsoft at auction on October 29 rose by more than 1%, in connection with which the total capitalization of the company reached 2.46 trillion dollars. Apple shares, in turn, fell about 4%; the value of the company because of this fell to 2.41 trillion.

Microsoft shares are rising against the background of the recently released report for the last quarter - the company's profit has become a record in history. Analysts expect results to improve by the end of the year thanks to a booming cloud business.

The results of Apple's quarterly report, in turn, turned out to be worse than analysts' expectations.

• Since the beginning of 2021, the value of Microsoft has grown by almost 50%, while Apple has only grown by 16%.
• Over the past decade, Microsoft has overtaken Apple on the list of most valuable companies several times, each time for a short time. The last time this happened was in the summer of 2020.