Microsoft Closes on Apple in Race for World’s Most Valuable Listed Firm
- Blowout 1Q lifts Microsoft value, now $60 billion behind Apple
- Apple’s results due on Thursday may be race’s next catalyst
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A blowout first quarter has brought Microsoft Corp. back into contention in the race for the world’s most-valuable listed company.
The software behemoth is less than $60 billion away from dethroning Apple Inc. for the first time since May 2020, based on a 3.1% gain in early U.S. trading. That gives Microsoft a market value of $2.40 trillion compared with $2.46 trillion for Apple.