🏆💻 Microsoft Da New King: Overtakes Apple as Most Valuable Public Company 🍎

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Ho, braddahs and sistahs, get big news in da tech world! Microsoft wen jus’ go luna and pass Apple, becoming da mostest valuable public company out dea. Dis one big kine shift, showing how da new artificial intelligence technology stay making waves in Silicon Valley and Wall Street. 🌊🤖

Fo’ ova one decade, Apple was da one leading da pack in da stock market. Dey wen go mo’ big den Exxon Mobil way back in 2011 and been holding da top spot, no sweat. But, brah, times dey are changing. 🔄

Last Friday, Microsoft wen come from behind and wen beat Apple. Dey went finish da day wit’ one market value of $2.89 trillion, just a little bit mo’ higher than Apple’s $2.87 trillion, Bloomberg wen say. 💹📈

Dis change, it’s all cuz of dis one new kine thing called generative artificial intelligence. Dis tech can do all kine stuff, like answer questions, make pictures, and even write code. People all ova, dey tink dis one going disrupt businesses and make trillions of dollars in value. 💸👨‍💻

Rememba when Apple wen take ova Exxon? Dat wen bring one tech era like no odda. Da big players like Apple, Amazon, Facebook, Microsoft, and Google wen become da giants, leaving behind da old school guys like Walmart, JPMorgan Chase, and General Motors. But now, da scene is changing, with companies pushing AI in front. 🤖📊

Da big trio – Microsoft, Nvidia, and Alphabet (Google’s makuakāne company) – dey wen add $2.5 trillion in value last year. Dey wen outshine Apple, who had small kine less share price increase in 2023. 🌟📉

Brad Reback, one analyst at Stifel, he says, “It simply comes down to gen A.I.” Dis new tech going make big impact on all Microsoft’s businesses, while Apple still trying figure out their AI story. 🧐

Microsoft and Apple, dey no like talk too much about dis.

Back in da day, Microsoft wen lead during da personal computing era wit’ Windows. But, dey wen miss da bus on internet, mobile phone, and social media. Den wen come Satya Nadella as da CEO in 2014, and he wen turn things around, focusing on cloud computing and challenging Amazon. 🌐☁️

Nadella wen make one smart move in 2019, investing in OpenAI, da guys who built ChatGPT. He got all excited about GPT-4 and started adding AI into everything – Bing search engine, Windows,Excel, Outlook, and even Azure, Microsoft’s main cloud product. 🌪️🖥️

Da thing is, we only starting for see da revenue from dis AI stuff in Microsoft’s financials. Generative AI wen add about three percentage points of growth to Azure in da last three months ending in September. And Microsoft’s $30-a-month offering in their productivity software just wen start in November. 💰🚀

Get one side story though: Da New York Times wen sue OpenAI and Microsoft, accusing them of copyright infringement. 📰⚖️

Not da first time Microsoft wen pass Apple in recent years. Happened back in 2018 and again in 2021. But dis time, might be showing one bigger shift in da tech industry. 🔄

Da big question now: Who going be da first for hit $3.5 trillion? Dan Morgan from Synovus Trust, he tinks Microsoft in da better position. Apple, meanwhile, been trying for find their next big thing afta da iPhone. 📱➡️🤔

Da iPhone, since 2007, wen shoot Apple to da top. From 2009 to 2015, went from selling 20 million iPhones a year to more than 200 million. But sales wen slow down lately.

Tim Cook, Apple’s CEO, wen shift focus from just selling iPhones to selling more apps and services for da iPhones people already get. Dis strategy wen help Apple’s annual revenue soar to $383 billion, way mo’ than back in 2011 when Steve Jobs, da co-founder, wen pass. 📈

But Cook’s plan showing signs of getting tired. Da iPhone, which brings in more than half of Apple’s money, now known more for small updates each year than big new stuff. Sales of iPads and Macs going down, and even da growth of services like Apple Music slowing down. 📉🎵

Last year, Apple’s sales wen drop for four straight quarters. But their stock still went up about 50 percent, and investors wen push their market value close to $3 trillion, thinking da iPhone still get choke demand. 📊

Wall Street analysts tink dis year’s iPhone sales going be weak. Apple facing challenges in China, where Huawei wen release one new phone, and da government restricting use of foreign smartphones. 🇨🇳📱

While Microsoft and odda companies building new generative AI businesses, Apple kinda missing from da talk story. During one call with analysts last year, Mr. Cook wen say dey get work “going on” connected to AI, but neva give more info. 🤐

Last year, Apple engineers wen test one large language model for one chatbot, The Times wen report. Dey also wen talk with publishers about getting material for train AI systems. But so far, no public release from dem. 🤖🔬

Gene Munster from Deepwater Asset Management wen say, “Apple needs to take note that if they want stay as one of da most innovative tech companies, they gotta get behind AI big time.” 🚀🧠

Apple now focusing on releasing an augmented reality headset, da Vision Pro. Dis one new kine gadget gonna ship on Feb. 2, da first major new product since da Apple Watch in 2014. Analysts tink Apple going sell less than half a million units of dis headset. 🕶️📦

So, da tech world stay watching. Microsoft on top for now, but da game neva pau yet. Stay tuned, k? We go see who gonna stay king of da tech mountain. 🏔️💪🌐📈🔮

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NOW IN ENGLISH

🍎 Microsoft Reigns Supreme: Surpasses Apple as Most Valuable Public Company 🏆💻

Big waves in the tech ocean, folks! Microsoft has just sailed past Apple, claiming the throne as the most valuable public company out there. This is a seismic shift, highlighting the growing influence of new artificial intelligence technology in Silicon Valley and on Wall Street. 🌊🤖

For over a decade, Apple ruled the stock market like a king. They first dethroned Exxon Mobil back in 2011, becoming the world’s most valuable public company and pretty much held onto that crown without a break. But, lo and behold, times are a-changing. 🔄

On a pivotal Friday, Microsoft leapfrogged over Apple. Their market value surged to $2.89 trillion, just nudging past Apple’s $2.87 trillion, according to Bloomberg. 💹📈

This pivotal shift is largely driven by the emergence of generative artificial intelligence. This tech, capable of answering questions, generating images, and writing code, is being hailed for its potential to revolutionize businesses and create trillions in economic value. 💸👨‍💻

When Apple took over Exxon, it signified a new era of tech dominance. Giants like Apple, Amazon, Facebook, Microsoft, and Google towered over former market leaders like Walmart, JPMorgan Chase, and General Motors. But now, the landscape is reshaping, with AI-focused companies taking the lead. 🤖📊

The trio of Microsoft, Nvidia, and Alphabet (Google’s parent company) saw their combined value skyrocket by $2.5 trillion last year, eclipsing Apple’s comparatively modest share price growth in 2023. 🌟📉

“It all boils down to generative AI,” says Brad Reback, an analyst at Stifel. This tech is poised to impact all of Microsoft’s operations, while Apple is yet to carve out a significant narrative in AI. 🧐

Both Microsoft and Apple have been tight-lipped about this development.

Historically, Microsoft led the tech scene during the personal computing era with Windows. However, they missed early boats on the internet, mobile phones, and social media. Then came Satya Nadella as CEO in 2014, pivoting the company to compete in the burgeoning cloud computing market, challenging Amazon. 🌐☁️

Nadella made a strategic move in 2019 by investing in OpenAI, the creators of ChatGPT. Impressed by GPT-4 in 2022, he rapidly integrated AI into Microsoft’s offerings – from the Bing search engine to Windows, Excel, Outlook, and Azure, their flagship cloud product.🌪️🖥️

The financial fruits of this AI integration have only recently started to manifest in Microsoft’s earnings. Generative AI contributed about three percentage points to Azure’s growth in the quarter ending September, and their $30-a-month AI-enhanced productivity software just launched in November. 💰🚀

Side note: The New York Times has filed a lawsuit against OpenAI and Microsoft for copyright infringement. 📰⚖️

This isn’t the first time Microsoft has outpaced Apple in recent years. They did it back in 2018 and again in 2021, thanks to their flourishing cloud-computing business and the pandemic’s impact on Apple’s iPhone operations. But this shift may signal a more fundamental change in the tech landscape. 🔄

The big question now is: Who will be the first to reach a $3.5 trillion valuation? Dan Morgan, a portfolio manager at Synovus Trust, believes Microsoft is in a stronger position. Meanwhile, Apple has been searching for their next big innovation following the iPhone. 📱➡️🤔

Since its debut in 2007, the iPhone propelled Apple to the market summit. From selling 20 million iPhones a year in 2009, they jumped to over 200 million by 2015. But in recent years, as device sales have plateaued, Apple’s CEO Tim Cook shifted the company’s focus from pushing iPhone sales to maximizing revenue from apps and services on existing devices. This strategy quadrupled Apple’s annual revenue to $383 billion since 2011, the year Steve Jobs passed away. 📈

However, Cook’s strategy is showing signs of wear. The iPhone, accounting for over half of Apple’s revenue, is now known more for its incremental yearly updates than groundbreaking innovations. Sales of iPads and Macs are declining, and growth in services like Apple Music is slowing. 📉🎵

Despite a year-on-year sales decline across four consecutive quarters, Apple’s stock rose about 50 percent last year, with investors pushing its market value close to $3 trillion in the belief that iPhone demand would persist. 📊

However, analysts predict a weak year for iPhone sales. Apple faces challenges in China, where Huawei has launched a new phone and the government is imposing restrictions on foreign smartphones. 🇨🇳📱

While Microsoft and others forge ahead in generative AI, Apple has been notably absent from the conversation. In a call with analysts last year, Cook mentioned ongoing AI work but remained vague on details. 🤐

Apple engineers have reportedly been testing a large language model for a chatbot, and the company has had discussions with publishers about acquiring content to train AI systems. However, they have yet to make a public release in this area. 🤖🔬

“Apple needs to catch up in AI if they want to maintain their position as a tech innovator,” says Gene Munster from Deepwater Asset Management. 🚀🧠

Currently, Apple is focusing on launching an augmented reality headset, the Vision Pro. This device, shipping on Feb. 2, is Apple’s first major new product category since the Apple Watch in 2014. Analysts expect sales of fewer than half a million units. 🕶️📦

So, the tech world watches with bated breath. Microsoft is ahead for now, but the race is far from over. Stay tuned to see who remains atop the tech summit. 🏔️💪🌐📈🔮