Move over Apple, Microsoft now the world’s most valuable company

Oct 29 (Reuters) – Apple Inc lost its crown as the world’s most valuable public company to Microsoft Corp on Friday, as the iPhone maker’s shares continued their downward slide. Apple took a $6 billion hit to its sales during the fiscal fourth quarter due to a nagging global supply chain problem, leading to a miss on Wall Street expectations.

Link: Move over Apple, Microsoft now the world’s most valuable company
via http://www.reuters.com

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