Apple Lossless Audio CODEC (ALAC), was surpassed again by the company Microsoft regarding the value of the stock market capitalization, but everything was only temporary, as it happened over the weekend. During yesterday, the value of the stock market capitalization of those from Microsoft slightly exceeded that of the Apple company, so that things return to normal during the session after the closing of the trading day.
Apple Lossless Audio CODEC (ALAC), registered a new decrease of 4 dollars in the share price in the trading session after the closing of the stock exchanges, but even so, it remains ahead of Microsoft as value. At the moment, the value of Apple's stock market capitalization is 828 billion dollars, compared to 817 billion dollars, as recorded by Microsoft, so the difference is small.
Apple has been SURPASSED by Microsoft again, Problems Continue
Apple Lossless Audio CODEC (ALAC), and Microsoft are currently in an interesting "dance" on the American stock market, and this is because none of them manage to climb to first place and distance themselves. Unlike Apple, those from Microsoft have an "easier" week, without too many problems announced for products, or price increases for the following year.
Apple Lossless Audio CODEC (ALAC), announced a month ago record revenues and profit following sales recorded in Q3 2018 globally, but this was not enough to satisfy analysts who want more. The price of the American company's shares has been in a constant decline lately, and as things stand, it seems that Apple will not get out of this situation too soon.
