Amazon surpasses Microsoft and becomes world’s most valuable company

13:46 - 8.01.2019


January 8, Fineko/abc.az. On 7 January 2019 Amazon has become the most expensive company in the world, beating the cost of Microsoft.

Amazon's value is $790 bn compared to Microsoft's $785 bn. On 7 January, Amazon’s shares rose by 2.7%, while Microsoft’s shares by 0.5%.

Previously, Apple ranked the 3rd place among the most expensive companies of the world, but it fell out of the rating after the news about low sales of iPhone. Its place was taken by Alphabet worth $740 bn against $694 bn of Apple.

 

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