Apple again the most valuable US company | The Daily Star
12:00 AM, February 08, 2019 / LAST MODIFIED: 12:00 AM, February 08, 2019

Apple again the most valuable US company

Apple won back its crown as the most valuable publicly listed US company on Wednesday, ending the session with a market capitalization above recent leaders Microsoft and Amazon.com.

Apple edged up 0.03 percent, putting its market value at $821.5 billion. Microsoft's market capitalization ended at $813.4 billion after its stock dipped 1.11 percent, while Amazon's stock market value finished the day at $805.7 billion, in third place, after its shares slid 1.12 percent.

Apple's stock has risen about 13 percent since its quarterly earnings report on Jan. 29, with investors betting it was oversold following months of concern about a slowdown in iPhone demand and the company's rare revenue warning on Jan 2 related to soft demand in China.

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