Microsoft temporarily takes Apple's "throne" Experts believe that the former has greater profit potential

Zhitong
2024.01.11 22:22
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Microsoft temporarily overtakes Apple as the highest-valued publicly traded company. Apple is facing a series of challenges, including a decline in stock price, decreased revenue from Chinese assemblers, and an impending antitrust case by the US Department of Justice. Barclays Bank and Piper Sandler have downgraded Apple's rating. Experts believe that Microsoft has greater profit potential and is making progress in the field of artificial intelligence. Microsoft's introduction of the "Copilot" key is expected to further expand its prospects. Microsoft's stock has seen a slightly stronger increase compared to Apple, and Microsoft has surpassed Apple twice before as the highest-valued publicly traded company. Saudi Aramco also briefly held the title, but Apple maintained it for a year and a half. Approximately half of Apple's revenue relies on Apple.