this post was submitted on 11 Jan 2024
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Microsoft Overtakes Apple as World's Most Valuable Company::Microsoft today overtook Apple as the world's most valuable public company by market value. Apple's share price dropped by just one percent,...

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[–] tacosanonymous@lemm.ee 92 points 7 months ago (3 children)

Cool. Let’s break them both down and replace them with a thousand smaller, employee owned, and ethical companies.

[–] BetaDoggo_@lemmy.world 30 points 7 months ago (3 children)

Fragmenration is not preferred by most users and many of the services and systems these two run require large international teams. That's not to say that they don't need to be checked by antitrust.

[–] Mortoc@lemmy.world 20 points 7 months ago

What would the world look like if we fragmented the tech giants but then regulated them by requiring open standards so that things could mix and match as customers see fit?

[–] NegativeInf@lemmy.world 2 points 7 months ago

Baby Bell the shit out of both of them and make it stick longer.

[–] umbrella@lemmy.ml 1 points 7 months ago

whats the difference if edge for instance is from another company?

[–] XTornado@lemmy.ml 6 points 7 months ago

I am not saying that it couldn't be split but a thousand companies doesn't sound a good idea. Some of the stuff they do cannot be done at that size I would suspect.

[–] DingoBilly@lemmy.world 47 points 7 months ago (4 children)

It is pretty arbitrary as others have said.

But tbh, never understood why Apple is so highly valuable in the first place. Consumers are stupid.

[–] sturmblast@lemmy.world 15 points 7 months ago (1 children)

Apple is overvalued tremendously imo.

[–] MrSpArkle@lemmy.ca 3 points 7 months ago

iPod, iPhone, iPad, Apple Watch, AirPods, AirTags. None of those products were the first, just the first competent product that offers good usability in a sea of otherwise mediocre options.

As long as electronics makers keep sleeping at the wheel Apple will be able to capitalize on creating things people actually want to use.

The Vision Pro will be the next test. If it fails, and the follow up doesn’t sell, Apple will face a rude awakening and their stock value will drop. If they can’t succeed in the category after that, it will tank.

[–] Auli@lemmy.ca 6 points 7 months ago

Why is Tesla so valuable? They sell way less cars then the old boys.

[–] WeirdGoesPro@lemmy.dbzer0.com 5 points 7 months ago (1 children)

They do make some slick feeling hardware though.

[–] sturmblast@lemmy.world 1 points 7 months ago (2 children)

So do almost every other PC oem these days

[–] MrSpArkle@lemmy.ca 13 points 7 months ago* (last edited 7 months ago) (1 children)

Yeah but how do you wade through the fields of bullshit to find a decent PC laptop? PC manufacturers have like 200 SKUs.

Like I go to dell.com, what’s the best option? Inspiron? Precision? Latitude? Vostro? Which of those lines is “premium”? And each of those lines has like 4 models each. And that’s just one manufacturer.

But ultimately you buy one of those machines, bring it home, boot up windows and get served ads in the fucking start menu.

Meanwhile I bought the lamest laptop in Apple’s lineup for my daughter, and the thing is solid aluminum with a great display, huge trackpad, great battery and lightning fast processor.

[–] projectsquared@lemmy.world 1 points 7 months ago

And no pop-up add bs.

[–] asdfasdfasdf@lemmy.world 5 points 7 months ago* (last edited 7 months ago)

But then Windows sucks ass.

Also, every other OEM in the world makes hardware as good as Apple? No. Maybe some, but definitely not even most.

[–] Desistance@lemmy.world 3 points 7 months ago* (last edited 7 months ago) (1 children)

That they are. I'm sure you're going to get hit with the " it's my money, I do what I do want with it" deflection.

[–] Dalraz@lemmy.ca -1 points 7 months ago

A fool and his money are soon parted.

That said, apple does make great hardware and has/is pushing the industry forward.

But boy are they anti consume and competitive.

They even make fantastic hardware backdoor at some unknown price. Lol

[–] moitoi@lemmy.dbzer0.com 30 points 7 months ago

One cartel became bigger than another one.

[–] sir_reginald@lemmy.world 24 points 7 months ago

Don't you all have a business or economics community to post this?

If I subscribe to technology, I want tech news. Not how this month one tech giant is valued slightly higher than another.

[–] JoMomma@lemm.ee 14 points 7 months ago (1 children)
[–] baronvonj@lemmy.world 6 points 7 months ago

Stockholders

[–] reddig33@lemmy.world 12 points 7 months ago (2 children)

These articles are so meaningless. Every other week one overtakes the other.

[–] db2@lemmy.world 11 points 7 months ago

It's geriatric stock bros giving each other handys.

[–] Synthuir@lemmy.ml 3 points 7 months ago (1 children)

Uhhhh no? What was the last time MSFT had a higher market capitalization than AAPL? A lot longer than one week ago…

[–] LifeInMultipleChoice@lemmy.world 4 points 7 months ago* (last edited 7 months ago)

Tried to check, 2021 may have been the last time. My fucks were to low so I didn't want to verify further than a 1 off haha

[–] PanArab@lemmy.world 8 points 7 months ago

These valuations are just that. If they attempt to cash out by selling all the shares the value will collapse. It is all about potential for future gains.

[–] guh65@futurology.today 6 points 7 months ago

itoddlers btfo

[–] werefreeatlast@lemmy.world 6 points 7 months ago

Hold up guys! It's just a big misunderstanding! The Tesla parked at the Redmond parking lot is actually Bertha's. She doesn't work at Microsoft. She works for Uber.

Again sorry, bad evaluation.. apple can have it's Crown back for another 10 seconds.... okay now! This time Microsoft really is the...no wait! The homeless guy! The hobo just picked up the nickel! One more microsecond... okay now Microsoft is the clear winner by a single microwave oven!

Oh no! Fred! He's about to cook his fish dish again! Someone stop him!

[–] kibiz0r@lemmy.world 2 points 7 months ago

Over the past year, Microsoft's support for artificial intelligence tools by backing OpenAI has helped boost its value

…which I’m sure is not just hype and grift obscuring a heap of pending lawsuits.