Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder, Bob Evans. The next three minutes are packed with insights and perspectives around the “reimagination machine” that is the Cloud! Today’s Topic: Microsoft is World’s Most Valuable Company, Overtaking Apple
0:03 – Thank you to Redis, our Cloud Wars Sponsor! Open source Redis and Redis Enterprise are supporting businesses to move at the speed of their customers. Look for an article next week on how Redis can help you dazzle customers by reimagining the premise of real-time data.
0:28 – Microsoft has just overtaken Apple atop the list of the world’s most valuable companies. Microsoft is valued at about $2.5 trillion and Apple at $2.48 trillion.
01:21 – Apple falls to #2 on the most-valuable companies list despite the fact that Apple is the ultra-cool, “gotta-have-it” company that makes the iPhone, Airpods, and other global consumer products—and Microsoft is not.
01:43 – For all the strengths of across Microsoft’s business, it was the company’s current cloud success and its expectation of future cloud growth that really pushed its valuation higher than ever before.
02:22 – The power of the cloud is now being seen as the engine of the future, and Microsoft as the #1 company on the Cloud Wars Top 10 is one of the main drivers of that booming business.
02:55 – Remember: without all of the innovations that Microsoft is creating in the cloud, none of the amazing things that Apple is doing in the cloud would be possible.