12:06 - 9.04.2025

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April 9, Fineko/abc.az. Nvidia became the most expensive company in the world for a while, but recently Apple has held this status. It was ousted from the top position by Microsoft this week.

ABC.AZ informs that the previous four trading sessions reduced Apple's capitalization by 23% to $2.59 trillion amid concerns about the impact of new U.S.’ customs duties on company's business, whose revenue is still about 50% determined by the sale of iPhones, assembled mainly in China and India. At that, Microsoft's capitalization as of Tuesday evening was $2.64 trillion, which formally makes it the most expensive company in the world.