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Microsoft overtakes Apple as world’s most valuable public company, following Apple stock slump after earnings

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<p>Apple stock (AAPL) had a meteoric rise in the last couple of years, topping $2 trillion market cap just a year after becoming the first public company ever to hit $1 trillion. Post-pandemic, though, other huge big tech stocks have been catching up.</p>
<p>Today, Microsoft overtook Apple as the world’s most valuable public company, with a market cap of $2.45 trillion. The switch-up happened as Apple stock fell in response to its quarterly earnings results (https://9to5mac.com/2021/10/28/apple-q4-2021-earnings-results/), where its financials came in weaker than expected, due to supply chain issues.</p>
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