Apple

Year Founded : 1976 Industry : Consumer Electronics

Financial results for its fiscal 2021 fourth quarter ended September 25 , 2021 . The Company posted a revenue record of USD $ 83.4bn , up 29 percent year over year . This year , they launched the M1-powered Macs and an iPhone 13 lineup that has set a new standard for performance . Tim Cook , Apple ’ s CEO . “ We are infusing our values into everything we make — moving closer to our 2030 goal of being carbon neutral up and down our supply chain and across the lifecycle of our products , and ever advancing our mission to build a more equitable future .”

The rumours suggest that we could see Apple ' s AR - or Mixed Reality product by the end of 2022 , and the old rumour of The Apple Car is a slow burner , with the company is said to have had up to 1,000 developers working on the so-called Project Titan , with front companies including Faraday Futures and Sixty Eight Research .

Microsoft

Year Founded : 1975 Industry : Computer Software

It was an eventful year for Microsoft , with the planned phasing out of Windows 10 , the birth of Windows 11 , and a new version of Edge .

Even more significantly , back in October , Microsoft had a market cap of nearly USD $ 2.49 tn at market close , while Apple ’ s stood at about USD $ 2.46 tn , temporarily making it the world ’ s most valuable company . Microsoft last topped Apple in market cap in 2020 as the coronavirus pandemic wreaked havoc on supply chains . In October ,

Microsoft ' s Intelligent Cloud business unit , which houses Microsoft Azure , reported revenue reaching USD $ 17bn during the first quarter , marking 31 % year-over-year growth . Additionally , server products and cloud services revenue jumped 35 % driven in part by the 50 % jump in Azure revenue . Microsoft has said that in the first half of next year , users of its Teams collaboration software would be able to appear as avatars in video meetings , signalling a shift to the metaverse .

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