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Microsoft Edges Past Apple to Become World’s Most Valuable Company

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3 years ago

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Microsoft Edges Past Apple to Become World’s Most Valuable Company

On Friday, Apple lost its crown as the world’s most valuable listed company due to the iPhone maker’s share price falling about 2%. Due to continuing global supply chain problems, Apple suffered a loss of US$6 billion (approximately Rs 44,940 crore) in its fourth-quarter sales, which failed to meet Wall Street’s expectations. The top boss Tim Cook said that the impact of the current holiday sales quarter will be more serious.

Sophie Lund-Yates, an equity analyst at Hargreaves Lansdown, said: “Compared with FAANG peers who are less concerned about hardware, Apple is also more susceptible to supply chain disruptions.” Apple’s shares fell 1.8% to close at $149.80 (about 11,200). rupee). ), bringing the company’s market value to 2.48 trillion U.S. dollars (approximately 185,752.20 billion rupees). In contrast, Windows software maker Microsoft’s stock price rose 2.2% to a record high of US$331.62 (approximately 24,800 rupees), with a market value of US$2.49 trillion (approximately Rs 1,8649,489 crore) at the close.

Over the years, Apple has repurchased shares worth 421.7 billion U.S. dollars (approximately Rs 31,531.86 billion) and announced a large-scale share repurchase of USD 90 billion (approximately Rs 6,740.77 billion) in April. As a result, the pool of outstanding shares continued to shrink, and the company held 16.4 billion shares at the end of the fourth fiscal quarter. Microsoft’s stock price has soared 49% this year, and demand for its cloud-based services caused by the pandemic has boosted sales.

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So far this year, Apple’s stock price has risen by 13%. Apple’s stock market value surpassed Microsoft in 2010 because the iPhone made it the world’s premier consumer technology company. In recent years, these companies have taken turns to become the most valuable companies on Wall Street, and Apple has maintained this title since mid-2020.

Analysts said that Apple has managed supply chain issues well, but as Cook warned that it will face greater pressure, its performance may be impacted as the holidays approach.

In contrast, Microsoft on Tuesday predicted a strong end to the calendar year. But it also warned that supply chain issues will continue to plague key departments, such as those that produce Surface laptops and Xbox game consoles.

News Source : Gadgets 360

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Music

While a Punjabi vocalist croons, PM Modi replicates Diljit Dosanjh’s beats and beats the table like a dholak. Observe

Published

3 weeks ago

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January 2, 2025

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While a Punjabi vocalist croons, PM Modi replicates Diljit Dosanjh’s beats and beats the table like a dholak. Observe

Prime Minister Narendra Modi recently met acclaimed singer- actor Diljit Dosanjh, describing their interaction as “very memorable.” 
Prime Minister Narendra Modi met singer-actor Diljit Dosanjh and lauded him as “a combination of talent and tradition.” During the “memorable’ meeting”, the two discussed music, culture, and India’s vibrancy, including yoga.

Diljit, PM Modi match beats

During the meeting, PM Modi praised Diljit for his achievements, saying, “When a boy from a small village in Hindustan shines on the global stage, it feels amazing. Your family named you Diljit, and you keep on winning people’s hearts, just as your name suggests.”

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Diljit responded, “We used to read that ‘Mera Bharat Mahan’ (My India is great), but when I travelled across India, I realised why people say this.” PM Modi highlighted India’s diversity, saying, “India’s vastness is its strength. We are a vibrant society.”

Diljit added, “The greatest magic in India is yoga.” PM Modi agreed, saying, “Those who have experienced yoga know its power.”

The singer-actor also admired PM Modi’s personal journey, saying, “I had watched your interview, sir. The position of Prime Minister is great, but behind it, there is a mother, a son, and a human being. Many times, this half-truth is much larger when you carry your mother and the sacred Ganga with you. That touches the heart.”

Diljit then sang a song on Guru Nanak, as PM Modi listened intently, beating the adjacent table like a dholak, matching his beats with Diljit’s.

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Diljit, PM Modi express grattitude

After the meeting, Diljit Dosanjh expressed his gratitude, calling it a “fantastic” way to start the year. He posted on X, “A fantastic start to 2025. A very memorable meeting with PM @narendramodi Ji. We talked about many things, including music, of course!”

PM Modi responded to Dosanjh’s post, describing their meeting as “a great interaction.” He said, “A great interaction with Diljit Dosanjh! He’s truly multifaceted, blending talent and tradition. We connected over music, culture, and more.”

Diljit recently concluded his Dil-Luminati tour in India with a grand performance in Ludhiana. Throughout his concerts at various venues, the singer aimed to address important social issues during his performances.

In a lighthearted and endearing moment, Prime Minister Narendra Modi was seen enjoying the beats of a Punjabi vocalist, tapping the table in rhythm like a dholak player during a recent cultural event. The video, which has since gone viral, showcases PM Modi replicating the infectious energy of Diljit Dosanjh’s iconic beats, capturing the essence of Punjabi music’s vibrancy and rhythm.

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The event brought together various cultural performers, with one Punjabi vocalist stealing the spotlight. As the singer crooned traditional Punjabi tunes, PM Modi, seated among other dignitaries, began enthusiastically tapping the table in sync with the music. His gestures resembled a seasoned dholak player, displaying his spontaneous connection with the pulsating beats.

The audience present erupted in applause, cheering on the Prime Minister’s engaging participation. Social media users were equally charmed, with many praising Modi’s ability to connect with the cultural diversity of India. “Modi Ji has the rhythm of a true Punjabi!” one user commented, while another said, “This is the energy we love to see in our leader.”

The moment also highlighted PM Modi’s commitment to celebrating India’s rich cultural heritage. His natural enjoyment of the performance reflects his appreciation for the art and music that unify the diverse communities of India.

Such lighthearted and relatable gestures from leaders often resonate deeply with the public, making them feel connected on a personal level.

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#PMModi #DiljitDosanjhBeats #PunjabiMusicVibes #CulturalCelebration #DholakBeats #IndiaUnity #MusicConnects #ViralMoment #PMModiInAction #PunjabiHeritage

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