Apple market cap

Update Monday 11/26 @ 1:30PM ET: For a brief few minutes today, Microsoft officially passed Apple to become the most valuable company in the United States. As reported by Bloomberg, Apple’s market capitalization fell to $812.60 billion, while Microsoft’s continued increasing to $812.93 billion. The numbers continue to fluctuate, and it remains to be seen who will be on top at the end of trading today.

Update Sunday 11/25 @ 10:45AM ET: Due to changes in outstanding share counts, Apple still leads Microsoft by $26 billion. This means Microsoft did not pass Apple in market cap as we reported, and others continue to report. Apple’s market cap is $817.6 billion, compared to Microsoft’s $791 billion.

AAPL has fallen dramatically over the last month due in large part to fears of slowing iPhone sales and weak demand for the iPhone XR. Earlier this week, it was reported that Apple is lowering iPhone XR prices in Japan and restarting some iPhone X production in certain markets.

Additionally this week, a separate report suggested that Apple has cut production orders for the iPhone XS and iPhone XR. Apple suppliers have also offered weaker-than-expected guidance recently, with many citing slowing business from Apple as the reason.

During its most recent earnings call, Apple also announced that it would stop reporting unit sales data for its hardware products, including the iPhone. CFO Luca Maestri explained that this change is due to unit sales no longer being the best indicator of Apple’s business, but it’s a change that has worried some investors.

Related stories:

Subscribe to 9to5Mac on YouTube for more Apple news:

FTC: We use income earning auto affiliate links. More.

Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Chance Miller

Chance is an editor for the entire 9to5 network and covers the latest Apple news for 9to5Mac.

Tips, questions, typos to