Microsoft Becomes More Valuable Than Apple And Tim Sweeney Throws Shade Over It
It may not last long, but investors are more optimistic about Microsoft for now.
While there's been a few times in the last 5 years that Microsoft has had a higher market cap than Apple, for the most part Apple has been the big dog on the block for quite some time. The past few years have been pretty big for Microsoft, though, and now Microsoft finds itself on top of the business world once again.
With the acquisition of Activision Blizzard and a huge surge in AI (specifically Microsoft's backing of OpenAI), Microsoft finds its market cap closing in on $3 trillion. On the flip side, Apple is seeing less product demand and has had stumbles here in the US with products being pulled from shelves over litigation.
On the heels of the shift, CEO of Epic Games Tim Sweeney took to X (formerly Twitter) to "congratulate" Microsoft...but really he was throwing shade at Apple (and Google), two companies Epic Games has a long history of seeing in court over their market practices.
Congratulations to Microsoft on a well-deserved honor. From Bill Gates to Steve Ballmer to Satya Nadella, they have a 50-year track record of supporting and empowering developers to do great work, while respecting developer and user freedom. A sharp contrast to Apple and Google. https://t.co/myimDquZnN
— Tim Sweeney (@TimSweeneyEpic) January 11, 2024
Markets are a bit more optimistic on Microsoft, but it'll be interesting to see how long this lasts as previous surges in Microsoft were short-lived and Apple quickly took their number one position back.
Related Articles
- Another Wall-to-Wall Union In Gaming Formed In Activision Blizzard's 500+ Strong World Of Warcraft Team
- UPDATE: Summer Road Trip Event Adds Tesla's Cybertruck To Both Fortnite And Rocket League
- UPDATED: Xbox Game Pass Price Increases Make A "Degraded Product" According To FTC Filing With Appeals Court
About the Author
![Michael Byrne](/assets/images/team/michael.jpg)
Mike “Magicman” Byrne has been a part of the MMOBomb family for years and serves as the site’s current Editor-in-Chief. His love for MMOs and gaming in general has led him to covering games for numerous gaming websites including Gamebreaker TV and XIV Nation where he proudly displays his fanboy flag for FFXIV:ARR.
More Stories by Michael ByrneRead Next
![After A Teaser Countdown, Whitemoon Games Announces Broken Ranks’ Biggest Update Ever "Shadow Of Hope"](https://www.mmobomb.com/file/2024/1/broken-ranks-shadow-of-hope-218x150.jpg)
We even have a release date.
You May Enjoy
![MapleStory’s Westward Adventure Continues In The Second Go West! Summer Update](https://www.mmobomb.com/file/2024/7/maplestory-go-west-part-2-218x150.jpg)
The Maple Boys adventure continues as Maple Punk.
![Mount Hotenow Makes Its Return To Neverwinter With Today's "Mountain Of Flame" Module Launch](https://www.mmobomb.com/file/2024/7/neverwinter-mount-hotenow-feat-218x150.jpg)
The previously removed adventure zone gets new love and challenges on both PC and consoles.
![Despite Some Positive Sentiments, Beta For Sony’s Online Shooter ‘Concord’ Isn’t Doing So Well On Steam](https://www.mmobomb.com/file/2024/7/concord-beta-steam-218x150.jpg)
That whole “games as a live service” thing really only works if there are people in the game.
![Win 1 of 20 Neverwinter: Volcanic Galeb Duhr Companion Pack Keys](https://www.mmobomb.com/file/2024/7/neverwinter-volcanic-galeb-duhr-companion-packs-218x150.jpg)
Grab your free Neverwinter - Volcanic Galeb Duhr Companion Pack
![Aliens Fireteam Elite 2 Appears To Have Been Leaked As Part Of Alleged Disney Hack](https://www.mmobomb.com/file/2021/9/aliens-fl-218x150.jpg)
Grains of slat poured over all of this as Disney has yet to confirm the leak.
![Experience The Quality-Of-Life Changes Paths Of Glory Brings To Albion Online Today](https://www.mmobomb.com/file/2024/7/albion-online-paths-of-glory-launc-218x150.jpg)
The game’s new achievement system is available to explore.
Discussion (0)