Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children

Microsoft's valuation surpasses Apple's in two-year first

  • By Al Mayadeen English
  • Source: News websites
  • 13 Jan 2024 10:29
3 Min Read

Microsoft has secured the world's highest valuation to Apple's downturn, driven by low demand for smartphones.

  • x
  • Microsoft's valuation surpasses Apple: 1st time in 2 Years
    Microsoft CEO Satya Narayana Nadella speaks during a so-called Fireside-Chat with the CEO of German carmaker Volkswagen (unseen) in Berlin, Germany, on February 27, 2019. (AFP)

Microsoft's stock market value ended Friday's trading session higher than that of Apple for the first time since 2021, making it the world's most valuable company.

Although Apple's shares have seen a substantial decline in valuation at the start of the year, its shares crept up by 0.2% on Friday, while its market capitalization was $2.875 trillion on Thursday. However, Microsoft's shares saw a larger increase of 1% on Friday, raising the company's capitalization to $2.887 trillion, according to LSEG data.

Overall Apple's shares have seen a 3% hit in 2024, due to concerns about smartphone demand, a few months after it launched its all-new iPhone 15. On the other hand, Microsoft shares have seen a 3% overall increase, due to successful investment in the artificial intelligence sector, specifically in OpenAI, which launched ChatGPT in November 2022.

Related News

Apple's iPhone 15 shows US does not understand own tech war on China

Apple committed to fixing overheating problem in latest iPhone

Investing heavily in AI

As the company' encroached on its third straight quarter of falling revenues, in August 2023, Apple CEO Tim Cook stated that the corporation would be investing extensively in artificial intelligence (AI). The announcement coincided with the company's worst sales numbers since 2016 and did little to push up its valuation, from a presenting downward trend.

Cook told Reuters that the increased Research and Development (R&D) investment was driven in part by work on generative artificial intelligence, the same sector that is driving spending at Alphabet and Microsoft.

According to a recent report by The Guardian, decreased demand in China for Apple's most recent product, the iPhone 15, has driven realized sales down, which comes in part due to the resurgence of Huawei in local markets. The Chinese tech company faced harsh sanctions by the United States, after acquiring a substantial 13% market share in 2018, marking unprecedented numbers in a highly-contested market. US sanctions banned the phone maker from accessing essential software and hardware, which would have kept it up-to-date with industry leaders. 

Recently, the company resurfaced after launching its flagship Mate 60 Pro smartphone, which utilizes the all-new 5G-capable Kirin 9000s chip. Powering its device with an advanced 7-nanometer processor, dubbed Kirin 9000S, highlighted the Chinese company's willpower to overcome US bans and restrictions.

Read more: Microsoft to fire 10,000 employees in 5% workforce cut: Reports

  • iPhone 15
  • ChatGPT
  • openAI
  • Stock market
  • Apple
  • Huawei
  • Microsoft

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS