Microsoft Overtakes Apple as World's Most Valuable Company [Updated]

Microsoft today overtook Apple as the world's most valuable public company by market value. Apple's share price dropped by just one percent, enabling Microsoft to narrowly pull ahead of Apple at a value of $2.87 trillion.

aapl logo banner
Microsoft has briefly overtaken Apple as the most valuable company since 2018, most recently in 2020 and 2021 when concerns about supply chain shortages dented Apple's stock price and a boom in remote working bolstered Microsoft. Over the past year, Microsoft's support for artificial intelligence tools by backing OpenAI has helped boost its value, while equivalent offerings from Apple have been noticeably absent.

In its November earnings report, Apple's sales results missed expectations as demand for iPads and wearables was lower than expected. Mac revenue also saw a major drop compared to the previous year. It is yet to be seen how responses to the Vision Pro headset will influence the market, but expectations are relatively low due to low sales forecasts and the device's high price point.

Update 1:40 pm: By the close of the regular trading day, Apple had retaken the top spot in market capitalization at $2.89 trillion compared to Microsoft's $2.86 trillion, and the companies may swap places multiple times in the coming days and weeks as they remain close in value.

Popular Stories

iphone 16 apple intelligence

Apple Aiming to Release 'Breakthrough' New iPhone Accessory

Wednesday February 18, 2026 12:43 pm PST by
Apple is looking for a "breakthrough" with its push into wearable AI devices, including an "AirTag-sized pendant," according to Bloomberg's Mark Gurman. In a report this week, he said the pendant is reminiscent of the failed Humane AI Pin, but it would be an iPhone accessory rather than a standalone product. The pendant would feature an "always-on" camera and a microphone for Siri voice...
Apple Watch 15 Tips Every Owner Needs to Know Feature

Apple Watch: 15 Tips Every Owner Needs to Know

Thursday February 19, 2026 7:38 am PST by
Apple Watch is now eleven generations in, and packed with useful features that are easy to miss at first glance. To help you get more out of your new device, we've rounded up 15 practical tips you might not have discovered yet, including a few that long-time users often overlook. Bounce Between Two Apps On your Apple Watch, double-press the Digital Crown to see a deck of all currently...
Dynamic Island iPhone 18 Pro Feature

10 Reasons to Wait for Apple's iPhone 18 Pro

Wednesday February 18, 2026 5:12 am PST by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models at the same time, which is why we often get rumored features months ahead of launch. The iPhone 18 series is no different, and we already have a good idea of what to expect for the iPhone 18 Pro and iPhone 18 Pro Max. One thing worth...
maxresdefault

iPhone Fold: Launch, Pricing, and What to Expect From Apple's Foldable

Friday February 20, 2026 3:21 am PST by
Apple is expected to launch a new foldable iPhone this year, based on multiple rumors and credible sources. The long-awaited device has been rumored for years now, but signs increasingly suggest that Apple will release its first foldable device in 2026. Subscribe to the MacRumors YouTube channel for more videos. Below, we've collated an updated set of key details that have been leaked about ...
Multicolored Low Cost A18 Pro MacBook Feature

Low-Cost MacBook Expected on March 4 in These Colors

Wednesday February 18, 2026 5:42 am PST by
Apple will announce its rumored low-cost MacBook at its event on March 4, with the device coming in a selection of bold color options, according to a known leaker. Earlier this week, Apple announced a "special Apple Experience" for the media in New York, London, and Shanghai, taking place on March 4, 2026 at 9:00am ET. Posting on Weibo, the leaker known as "Instant Digital" said that the...

Top Rated Comments

fel10 Avatar
28 months ago
Gotta love the fanboys

Apple is number 1: congratulations apple, this is amazing

Another company becomes number 1: does it matter?
Score: 86 Votes (Like | Disagree)
WarmWinterHat Avatar
28 months ago
Does it really matter?
Score: 33 Votes (Like | Disagree)
MrENGLISH Avatar
28 months ago
Maybe if Apple didn't get so greedy with Apple One family pricing, people like me would have continued to pay for the service. Their increase caused me to cut my monthly Apple services spending by 2/3.
Score: 33 Votes (Like | Disagree)
iphonehype Avatar
28 months ago
Microsoft are doing very well in the Enterprise field, the work they've done with Copilot is pretty awesome. It's definitely going to change how people do work day to day. I wonder if Apple will ever complete with Microsoft productivity suite and Enterprise Cloud services for the everyday business
Score: 31 Votes (Like | Disagree)
indychris Avatar
28 months ago
Mr Cook, walk the plank!
Score: 22 Votes (Like | Disagree)
arkitect Avatar
28 months ago
I am sure this is a dagger to the heart for many, but goodness:

Does this really matter at all?
Score: 21 Votes (Like | Disagree)