Update: Due to changes in outstanding share counts, Apple still leads Microsoft by $26 billion. Apple’s market cap is $817.6 billion, compared to Microsoft’s $791 billion. Our original story is below and we apologize for the error.
It has been a rocky several weeks for Apple as its stock has fallen some 20 percent since October. In addition to losing its $1 trillion market capitalization status, Apple has now been passed by Microsoft as the most valuable United States company.
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