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Image Credit: Macdailynews

Apple loses title of World’s Most Valuable Company to Microsoft

  • Microsoft has surpassed Apple as the world's most valuable company.
  • Apple shares have dropped around 23% due to the delay in its promised Siri and other AI features, as well as increased U.S. import tariffs.
  • Microsoft's market cap is now $2.64 trillion, while Apple's stands at $2.59 trillion.
  • UBS analysts predict that the price of the iPhone 16 Pro Max could increase as much as $350 in the U.S.

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