Yes, based on the provided reference, Microsoft is currently richer than Apple.
According to recent data, Microsoft's market capitalization significantly exceeds that of Apple. Here's a breakdown:
Market Capitalization Comparison
As of March 22, 2024, there's a substantial difference in the market value of these two tech giants:
| Company | Market Cap Difference |
|---|---|
| Microsoft vs Apple | Microsoft is $540 Billion richer than Apple |
This difference is equivalent to the entire market value of Tesla, emphasizing the considerable gap between the two companies.
Factors Contributing to the Difference
- Stock Performance: Apple's shares have declined by 11% this year, while Microsoft's shares have increased by 14%.
- Market Sentiment: The market seems to favor Microsoft at the moment.
In conclusion, based on market capitalization as of March 22, 2024, Microsoft is richer than Apple by a margin of $540 billion.
