Will Apple Reclaim Its Title as the Largest Company in the World by Market Cap? The Answer May Surprise You.
For more than a decade, Apple (NASDAQ: AAPL) was the largest company in the world by market capitalization. And while it still has a market cap of $3 trillion as of this writing, it has been surpassed by Microsoft and Nvidia in the last few years as cloud computing and artificial intelligence (AI) computer chips take the market by storm.It was one of the longest reigns in market history, but Apple's status as top market cap leader has officially come to an end. Will it make a comeback and reclaim its No. 1 spot? In the next few years, at least, the answer is quite clear for investors.Image source: Getty Images.Continue reading
For more than a decade, Apple (NASDAQ: AAPL) was the largest company in the world by market capitalization. And while it still has a market cap of $3 trillion as of this writing, it has been surpassed by Microsoft and Nvidia in the last few years as cloud computing and artificial intelligence (AI) computer chips take the market by storm.
It was one of the longest reigns in market history, but Apple's status as top market cap leader has officially come to an end. Will it make a comeback and reclaim its No. 1 spot? In the next few years, at least, the answer is quite clear for investors.
Image source: Getty Images.
