Recruit Posted February 16, 2018 Share Posted February 16, 2018 After Amazon CEO Jeff Bezos recently stole the distinction of being the richest man on the planet from Bill Gates; the same is now true of the companies that the two tech legends founded. Amazon.com Inc. is now the third-largest in the world by market valuation, taking the title formerly belonging to Microsoft Corp. Following the reveal of spectacular Q4 2017 results earlier this month, the company's share price has been on an overall upward trend and rose by 2.57% this Wednesday to reach $1,451. That put the online retail giant's market valuation at $702.46 billion, trailing behind Apple ($849.24 billion) and Alphabet ($744.73 billion), respectively. While Microsoft's share prices too made some gains and climbed 1.6%, the Redmond giant simply could not keep up with Amazon, ending the day with a share price of $90.81 and a resulting valuation of $699.22 billion. Over the last year, the two companies have made impressive strides and exhibited massive increases in share price. Microsoft, indeed, reached a historic high at the end of last month but was unable to match the gains by Amazon's shares, which rose by 72% compared to Microsoft's 41%. Some analysts estimate the company is expected to keep rising in the ranks and, if this trend continues, Amazon could even overshadow Google parent Alphabet to become the second-most valuable company in the world. Source : Neowin , Business Insider , CNBC Link to comment Share on other sites More sharing options...
WALLONN7 Posted February 16, 2018 Share Posted February 16, 2018 But how is this possible?! Is it because Microsoft has insisted on destroying their creations (Windows and Office) month after month?! Is it because Microsoft extinguished its phone itself to create "another" phone?! Is it because Microsoft has shown the middle finger to its consumers when they say something is wrong?!I can not believe it!!!... it's Amazon-sponsored reporting or it's fake news... Link to comment Share on other sites More sharing options...
pc71520 Posted February 17, 2018 Share Posted February 17, 2018 On 16/2/2018 at 2:25 PM, WALLONN7 said: -Is it because Microsoft has insisted on destroying their creations (Windows and Office) month after month?! -Is it because Microsoft extinguished its phone itself to create "another" phone?! -Is it because Microsoft has shown the middle finger to its consumers when they say something is wrong?! M$ has been so...auto-catastrophic... Link to comment Share on other sites More sharing options...
WALLONN7 Posted February 17, 2018 Share Posted February 17, 2018 4 minutes ago, pc71520 said: M$ has been so...auto-catastrophic... You meant moronic, didn't you?! Link to comment Share on other sites More sharing options...
pc71520 Posted February 18, 2018 Share Posted February 18, 2018 19 hours ago, WALLONN7 said: You meant moronic, didn't you?! Kind of... Link to comment Share on other sites More sharing options...
Atasas Posted February 18, 2018 Share Posted February 18, 2018 Greed self-destructed it, from not willing to be a good company to deal with. Anyone remembers M$ email client and it's licencing issues? Well it started there... Good riddance Link to comment Share on other sites More sharing options...
tao Posted February 19, 2018 Share Posted February 19, 2018 On 2/16/2018 at 7:25 AM, WALLONN7 said: But how is this possible?! Amazon got bigger than Microsoft by beating it at its own game Link to comment Share on other sites More sharing options...
WALLONN7 Posted February 19, 2018 Share Posted February 19, 2018 8 minutes ago, adi said: Amazon got bigger than Microsoft by beating it at its own game I think you missed something that "I said"... Link to comment Share on other sites More sharing options...
tao Posted February 19, 2018 Share Posted February 19, 2018 No, brother. Merely (used your comment as) a springboard to provide a new pertinent article. Link to comment Share on other sites More sharing options...
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