A Cloud and AI Future
Investors appear to see these categories as having much more potential for long-term growth, while smartphones are saturated with competitors. Apple is also experiencing reduced sales, warning last week that its quarterly revenue will be over 5 billion lower than expected. Microsoft’s Cortana has just one smart speaker and has pretty much conceded the market, instead planning to focus her on productivity. That enterprise focus is responsible for much of the company’s rise over the past few years, with Office 365 and Azure propelling it to an all-time high. It’s likely the three companies, alongside Google, will continue to fight for the top spot over the month. Ultimately, it’s an accolade that sounds impressive but could change at any moment. Google has some catching up to do at 745 billion, but Microsoft was in that position not too long ago.
