Microsoft overtakes Apple as most valuable company

Re:Microsoft overtakes Apple as most valuable company by ephemeral-life on Thursday January 11, 2024 @07:47PM (#38961938)

> Of course investors aren't rewarding them for an upcoming VR headset which is yet to be proven. Why would they?

In ~theory~ such an announcement would be priced into the markets since market capitalization is also dependent on future expected returns.

Maybe investors just don't think everyone will be wearing $3000 digital fisheye goggles in a few years.

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Re:Microsoft overtakes Apple as most valuable company by chunkyguy on Friday January 12, 2024 @02:23AM (#38965082)

Apple Stock Falls In Minutes After 'Vision Pro' Announcement"

https://www.barrons.com/livecoverage/apple-wwdc-2023/card/ap...

Also Microsoft is still selling HoloLens but for selected audience.

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Re:Microsoft overtakes Apple as most valuable company by jesseendahl on Friday January 12, 2024 @03:02AM (#38965363)

I’ve been following Apple for a long time and the stock almost always rises ahead of announcements and falls after. Pretty sure that pattern has existed for ~20 years.

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Re:Microsoft overtakes Apple as most valuable company by cqqxo4zV46cp on Friday January 12, 2024 @08:05AM (#38967479)

Yep. Yet time after time “stock dropped after announcement” is trotted out as some sort of indicator of consumer sentiment whenever anyone is looking to start a silly flame war, because it’s convenient to temporarily ignore that share prices are already the result of 12-dimensional speed chess.

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