RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Money Market

Microsoft Poised to Overtake Apple Inc. in Market Capitalization

Bolarinwa Mathew by Bolarinwa Mathew
November 10, 2023
in Money Market, Technology
Reading Time: 2 mins read
A A
0
Microsoft Poised to Overtake Apple Inc. in Market Capitalization
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a potential shakeup of the tech industry hierarchy, Apple Inc , long hailed as the world’s largest company by market capitalization, is grappling with a sustained sales decline over four consecutive quarters. This decline is ringing alarm bells among investors and threatening Apple’s market standing, providing an opening for competitors like Microsoft Corp to close the gap.

Market capitalization, the total value of a company’s outstanding shares, is taking a hit as Apple’s sales continue to slide, allowing Microsoft to emerge as a formidable contender. Current trends indicate that Microsoft could surpass Apple by 2025, prompting investors to reassess their portfolios and explore alternatives to the once-dominant tech giant.

AlsoRead

NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

Nigeria Records $10.83 Billion Trade Surplus in First Nine Months of 2025 on Stronger Exports

Oil Prices Surge Above Nigeria’s Budget Benchmark, Lifting Naira and Reserves

The evolving dynamics between these two industry titans signify a significant shift in the technology sector and investment landscapes. Investors are closely watching these developments, adapting their strategies in an environment where previously unassailable leaders are now vulnerable to competitive pressures.

InvestingPro Insights

To provide a comprehensive snapshot of Apple’s financial health, InvestingPro data and tips come into play. Despite a slight dip in sales, Apple’s market capitalization remains an impressive $2840.0B. The company’s P/E ratio, a crucial valuation metric, stands at 29.84, indicating a relatively high price for its earnings.

InvestingPro Tips highlight Apple’s high earnings quality, with free cash flow surpassing net income—a positive sign for its financial resilience amid the recent sales decline. Apple’s track record of consistently increasing dividends for 12 years is viewed favorably, offering stability for investors seeking reliable returns.

InvestingPro goes beyond the surface, offering 19 additional valuable tips related to Apple, providing deeper insights into the company’s performance and potential investment value. By leveraging InvestingPro, investors can make more informed decisions backed by real-time data and expert analysis.

As the tech landscape undergoes a transformative shift, the competition between Apple and Microsoft is one to watch, and investors are urged to stay vigilant and well-informed in this rapidly changing market.

Previous Post

RainOil Job Opening: Strategy/Business Development Analyst

Next Post

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Related News

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

by Stephen Akudike
February 16, 2026
0

The Nigerian Exchange (NGX) concluded the trading week ended February 13, 2026, on a robust bullish note, with the benchmark...

IMF Lists Top 10 African Nations with Highest Debt Burdens

Nigeria Records $10.83 Billion Trade Surplus in First Nine Months of 2025 on Stronger Exports

by Jide Omodele
February 11, 2026
0

Nigeria posted a robust trade surplus of $10.83 billion in the first nine months of 2025, with exports of $44.06...

Nigeria’s Opportunity: Navigating Global Oil Surge Amid Libya’s Top Oilfield Disruption

Oil Prices Surge Above Nigeria’s Budget Benchmark, Lifting Naira and Reserves

by Akpan Edidong
February 3, 2026
0

Global oil prices have climbed above Nigeria’s 2026 budget benchmark of $64.85 per barrel, delivering a timely boost to the...

Nigeria’s External Reserves Hit 8-Year High of $46.11 Billion, Bolstering Naira Stability

by Stephen Akudike
February 3, 2026
0

Nigeria’s gross external reserves have climbed to $46.11 billion as of January 28, 2026 — the highest level recorded in...

Next Post
Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

February 16, 2026
Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Sparks Intense Competition in Nigeria’s Petrol Market with Sharp Price Reduction

February 16, 2026

Popular Story

  • Naira Surges Against US Dollar, Falls Below N1,000 Mark

    CBN Opens Official FX Window to BDCs with $150,000 Weekly Limit  

    0 shares
    Share 0 Tweet 0
  • NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

    0 shares
    Share 0 Tweet 0
  • Brent Crude Holds Above Nigeria’s 2026 Budget Benchmark at $67.78

    0 shares
    Share 0 Tweet 0
  • Telecom Sector Sees Dramatic FDI Surge to $208.51 Million in Q3 2025

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Sparks Intense Competition in Nigeria’s Petrol Market with Sharp Price Reduction

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>