Microsoft topples Apple as world's largest company, but not for long

Microsoft became the world’s largest company for a brief spell as excitement over its AI-associate OpenAI sent its value up to US$2.88 billion. It didn’t last long, however, with long-time number one Apple regaining the top spot as shares in Microsoft eased back after the opening burst. In contrast to Microsoft, sentiment has been moving against the iPhone maker since the start of the year due to concerns over sales of smartphones in China and the US. Apple, which at one time was valued at more than US$3tri ...