No, Microsoft is currently richer than Apple.
According to recent reports, Apple's market capitalization is significantly less than Microsoft's. As of March 2024, Apple was worth $540 billion less than Microsoft. This is a considerable gap, roughly equivalent to the entire market value of Tesla. This difference is also reflected in their stock performance; Apple's shares have decreased by 11% this year, while Microsoft's have increased by 14%. This shift can be attributed to various factors, including investor sentiment and technological advancements related to AI, where Microsoft has demonstrated a stronger position.
