The wind of fortune keeps turning the tide around in the US tech industry, favoring one company and displacing the other now and then.

On Friday, Microsoft’s market capitalization overtook Apple’s, with shares of the iPhone maker under pressure after financial results underwhelmed projections set by Wall Street analysts.

Sales of iPhones were up 47% year over year but also fell short of analyst expectations. CBNC noted that Apple’s fourth quarter only included a few days of iPhone 13 sales.

Microsoft’s market capitalization reached $2.46 trillion, higher than Apple’s market cap of $2.43 trillion, making Microsoft the most valuable company.

That title exchanged hands as Microsoft stock rose 1% to $327.50 Friday, while Apple dropped as much as 4% to $146.41 after the company late Thursday posted its first miss in quarterly revenue since 2018. Fiscal fourth-quarter sales of $83.4 billion were below expectations of $85 billion, hurt by supply-chain disruptions for semiconductors.

“This speed bump will continue to weigh on revenue in the critical December quarter in the lead up to the festive season. However, what is clear is that Apple’s short-term issues are not driven by a lack of demand,” said Victoria Scholar, head of investment at Interactive Investor, in a note Friday.

Apple was the first company to reach a $1 trillion and $2 trillion market cap. The smartphone maker achieved the feat after beating oil company Saudi Aramco last year. However, covid-19-induced strains have impacted sales, jeopardizing some of Apple’s growth prospects.

Apple’s stock roughly 12% advance during 2021 “feels like a damp squib compared to last year’s 70% gain with some of the shine coming off the tech sector amid lofty valuations and as post-pandemic life resumes,” she said.

However, she noted Apple could still potentially become the first company to reach a $3 trillion valuation in the coming years. But the way it is going, Microsoft and Apple are likely going to play the Tom & Jerry chase for a long.

The last time Microsoft was more valuable than Apple was in May of 2020, amid the COVID-19 pandemic and stock market volatility. At the time, shares of the Redmond-based company suffered a slightly smaller decline than Apple did.

However, the gap between Apple, Microsoft and the rest are still wide, which means, no new company is expected to emerge as the most valuable company soon.

Good People,  I am happy to raise the voice for this amazing African on a mission. Suraj is a technology luminary and he has used his spare time to help many Africans in North America. With him, immigrants who came to the beautiful America have transitioned from a minimum wage of $10 per hour  to a higher scale of $40.

He is certified in the leading cybersecurity domains. But he did not stop on digital security. Yes, on his quest to help people, he has sent dozens of these immigrants and paid for their Tekedia Mini-MBA training.

He wanted them to understand business and speak business language in America. So, this post is to support his mission and also to tell those who may need his services to connect. His brochure and contacts below.

His company trains mainly in these areas:

1. Cybersecurity Analyst/Auditor
2. Control Analyst
3. IT Risk Analyst
4. Third party risk/vendor relationship management
5. IT Compliance/Privacy Analyst
6. IT Governance
7. IT Auditor
8. Cloud Assessor

He runs a big independent IT training and places people in nice jobs. If he trains you, he could attend Tekedia Mini-MBA as he pays for his students to come to our school.

Tomorrow is the date and seven amazing startups will present to Tekedia Capital Syndicate members with the possibility of raising tons of money to advance their business missions. Last quarter, we did $3.5 million through angels, companies, citizens, investment clubs, etc. You can be one of them.

Yes, Tekedia Capital Q4 2021 Investment Cycle is currently active; register for access to the deal flow – and join our members and invest in Africa’s promising startups. A membership fee which covers four investment cycles is $1,000 or N550,000.

The Startup Demo Day is Oct 30 and we have very great companies. One processes N4 billion per month (never raised money) in Nigeria and another is growth-defined. Join today for your login to access the deal flow.

This is the cambrian moment of Africa’s entrepreneurial capitalism. Tekedia Capital is here to work with you for that future of abundance. We understand the physics of markets; click and join our Syndicate today.

Tomorrow, join me and the Vice President of Nigeria, Prof Yemi Osinbajo, at the Grand Africa Initiative -GAIN Initiative (GAIN) youth summit.  I will be speaking on “The Africa We Want”. GAIN’s annual gathering of youths is focused on developing entrepreneurship, innovation, professional and academic capacities in young Africans as a means of tackling unemployment and conflict on the continent.

He has been an Adviser to the British Government on developing international education policies under the National Student Forum, On-call Education Partnership Consultant for British Council, and Business Development Consultant for the Grow Creative Scheme under the European Regional Development Fund (ERDF). He is a business consultant with deep experiences in education, manpower development. He is the founder/CEO of UK-based Flexylearn.

Dr. Akanimo Odon, a Tekedia Mini-MBA Faculty, will present during Tekedia Career Week today [Zoom link in the Board]. With a sub-theme Nurturing Innovators, Dr Odon will examine how we can plan our careers and build resilience during this age of disruption. Yes, as technology changes the rules of markets, and post-covid-19 becomes the new normal, we need insights on how to run that personal career playbook. The Week is not about helping our members to find jobs. Rather, we hope the insights would help them have great careers.

Tekedia Institute >> learn from the best.