Scoot over Microsoft: Apple again the most valuable US company
Updated : February 07, 2019 11:32 AM IST
Apple edged up 0.03 percent, putting its market value at $821.5 billion.
Microsoft's market capitalisation 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 January 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 January 2 related to soft demand in China.