Microsoft overtakes Amazon as second most valuable U.S. company

By on
Microsoft overtakes Amazon as second most valuable U.S. company

Disappointing Amazon quarter wipes US$65 billion off market cap.

Microsoft Corp regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com wiped US$65 billion off the online retailer's market capitalisation. Apple Inc tops the list at over US$1 trillion after crossing that threshold in September....

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
amazon apple finance microsoft software storage

Most Read Articles

AWS suffers cloud problems in Sydney region

AWS suffers cloud problems in Sydney region
Optus breaks silence on NBN Co's enterprise behaviour

Optus breaks silence on NBN Co's enterprise behaviour
The CIO moves that made headlines in 2019

The CIO moves that made headlines in 2019
Apple pushes back against EU common charger

Apple pushes back against EU common charger
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?