Microsoft overtakes Apple as world's most valuable company

Microsoft overtakes Apple as world's most valuable company

• By Staff Writer

Microsoft Corp on Friday overtook Apple Inc to become the world's most valuable public company after iPhone maker's shares continued to fall after missing earnings expectations on Thursday. Apple's shares were down 3.6% at $147, implying a market capitalization of $2.41 trillion while Microsoft's shares were up 0.7% at $326.8 at a market valuation of $2.46 trillion.