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Microsoft Surpasses Apple, Becomes Most Valuable U.S. Company — 4 Quotes

1. “Apple has officially been dethroned as the world’s most valuable company. After flirting with reclaiming the title all week, Microsoft passed Apple on Friday and ended the day as the most valuable company, with a market cap of $851 billion. Both companies remain well below the $1 trillion milestone that Apple and Amazon hit earlier this year.”
-Seth Fiegerman, CNN.

2. “Microsoft’s ascension to the most valuable company would be its first return to the top spot since 2002. Apple has held the No. 1 spot as most valuable company since 2012, when it unseated Exxon.”
-Thomas Heath, Washington Post.

3. “Satya Nadella’s appointment as Microsoft chief executive four and a half years ago surprised many observers, including this correspondent. However, moves to abandon the mobile phone strategy of previous CEO Steve Ballmer and return Microsoft to its business-to-business roots with acquisitions including LinkedIn and GitHub have paid off. Microsoft stock has since tripled and increased by 7 per cent in November alone. … Longer-term, the game-changer for Microsoft has been Nadella’s decision for Microsoft to totally focus its products around the Cloud infrastructure market starting to close the gap behind Amazon Web Services, which controls one-third of the market.”
-Andrew Cave, Forbes.

4. “A time to buy. Microsoft saw improvement across all it business sectors in Q1: Productivity and Business Processes: up 19% to $9.8 billion. Intelligent Cloud: up 24% to $8.6 billion. More Personal Computing: up 15% to $10.7 billion. Those are strong revenue numbers, and Microsoft’s business model lends itself to predictability. The company has built a lot of its business on recurring revenue. It’s adding consumers to its ecosystem and growing its customer/subscriber base.”
-Daniel B. Kline, The Motley Fool.

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