Microsoft dethrones Apple, becomes world’s most valuable company

By news@appleinsider.com (Mike Peterson) Microsoft on Friday overtook Apple as the world’s most valuable company by market capitalization, with about a $100 billion gap between the two companies when markets closed.Credit: AppleInsiderApple’s market valuation, which is calculated by multiplying the share price by the number of outstanding shares, was $2.477.95 trillion as of 4 p.m. Eastern Time on Friday. Microsoft’s capitalization was at $2.489.57 trillion….

Source:: Apple Insider