Previously, Microsoft has lost its second position among the most valuable companies, giving Amazon the second position. Now Microsoft just regained its position as the second most valuable company. The news comes after Microsoft reported a good quarterly profit. The main reason of the good profit is cloud computing business. On the other hand, Amazon has lost $65 billion.
Microsoft Switches Amazon and Again Becomes the Second Most Valuable Company
The most valuable company is Apple by topping the chart with over $1 trillion in value. Microsoft is now at the second position valued at $823 billion. The Amazon is at the $805 billion market value. Amazon loses its position because of the fall in quarterly earnings. Let’s see what time will Amazon take to regain the second position.
Microsoft is continuously improving its services. Previously, Microsoft Announced New Visual Search Features for Bing on Android and iOS. For those who don’t know the Visual Search Features for Bing, the feature allows Bing users to search, shop and learn more about the world through the photos they take or image they see. Now Microsoft is adding more functionalities into it. These new features will include Text Transcription, improvements to the Visual Search dialog box, as well as Math Solver.