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Beat Apple, Microsoft Becomes the Richest Company in the World

Beat Apple, Microsoft Becomes the Richest Company in the World
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TRIASMEDIA – Beat Apple, Microsoft Becomes the Richest Company in the World, Microsoft (MSFT) has surpassed Apple (AAPL) as the world’s richest, or most valuable, publicly traded company.

Microsoft’s market capitalization has now reached 2.49 trillion US dollars, or around Rp. 35,429 trillion (exchange rate of Rp. 14,228).

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While Apple’s capitalization is 2.46 trillion US dollars (about Rp. 35,002 trillion).

The share price of the start-up Bill Gates has increased more than 48 percent this year, in trading Friday (10/29/2021).

According to a Microsoft report, the company’s revenue in the first quarter of the 2022 fiscal year was recorded at 45.32 billion US dollars (around Rp. 644.8 trillion), up 22 percent.

This figure is higher than analyst predictions, which amounted to 1.35 billion US dollars (approximately Rp 19.2 trillion).

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