Microsoft Overtakes Amazon in Its Adventure to $1 Trillion Market Valuation

Microsoft’s record first fiscal quarter coupled with a disappointing performance from Amazon has made the software giant the world’s second most valuable brand, according to a report.

Amazon went down $65 billion following its quarterly report, Reuters reveals, with Microsoft jumping from the third place to second in its adventure towards $1 trillion market valuation.

Apple continues to be the leading brand worldwide after previously breaking the $1 trillion threshold earlier this year.

Reuters reveals that Microsoft is now worth $823 billion, while Amazon dropped to $805 billion. If the same trend is maintained, the Redmond-based software giant is on track to become the second company worth $1 trillion.

Apple is also expected to increase its brand valuation thanks to the debut of new iPhones and its increas... (read more)

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