Microsoft beats Exxon as 2nd most valuable

endimion

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endimion on 18 November 2014

It's been back and forth for a lol while now... Been reported around here already too

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Soundwave on 18 November 2014

Teeqoz said:
Exxon will probably be on top again tomorrow. The difference now is "just" 0.03 BN$, and MS is down 1.46% today, while Exxon is down only 0.25% In addition to that, Exxon is up 0.10% in after-hour trading, so it's tecnically already passed MSFT again.

Hpwever, it's all just a matter of time until MSFT passes Exxon for good.

People are going to magically stop using gasoline?

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Moyu on 18 November 2014

Ljink96 said:
Apple has this viral snob effect that is hard to beat. Like it has been said, if any company beats Apple it'll be Microsoft or even Google.

Google with all their less known purchases have a nice shot at beating apple.

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Teeqoz on 18 November 2014

Soundwave said:

Teeqoz said:
Exxon will probably be on top again tomorrow. The difference now is "just" 0.03 BN$, and MS is down 1.46% today, while Exxon is down only 0.25% In addition to that, Exxon is up 0.10% in after-hour trading, so it's tecnically already passed MSFT again.

Hpwever, it's all just a matter of time until MSFT passes Exxon for good.

People are going to magically stop using gasoline?

Eventually yes But that's not why I think MSFT will pass exxon.

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KLAMarine on 18 November 2014

Soundwave said:

People are going to magically stop using gasoline?

Yes, they shall harness the power of the sun

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MoHasanie on 18 November 2014

Congrats to MS, although Apple is still way ahead.

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DirtyP2002 on 19 November 2014

I know it is back and forth, but not too long ago Exxon was totally out of reach. The last year has been absolutely fantastic for Microsoft.

Imagine not having GamePass on your console...

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ICStats on 19 November 2014

HylianSwordsman said:
Well oil is going to see a nasty decline in the coming decades as oil shortages force us to move to alternative energy sources, so this was inevitable. It did come sooner than I expected, but I'm sure Exxon still has some fight in it, so MS and Exxon will probably still be in range of each other for a while yet. We might start seeing more tech companies exceed oil soon, however.

You have it backwards. Oil is declining due to current surpluss. If we have oil shortages then oil prices will go through the roof before we move to alternative energy sources.

The declining price of oil hurts alternative energy companies.

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HylianSwordsman on 19 November 2014

ICStats said:

HylianSwordsman said:
Well oil is going to see a nasty decline in the coming decades as oil shortages force us to move to alternative energy sources, so this was inevitable. It did come sooner than I expected, but I'm sure Exxon still has some fight in it, so MS and Exxon will probably still be in range of each other for a while yet. We might start seeing more tech companies exceed oil soon, however.

You have it backwards. Oil is declining due to current surpluss. If we have oil shortages then oil prices will go through the roof before we move to alternative energy sources.

The declining price of oil hurts alternative energy companies.

I'm not referring to the current decline. I'm referring to the inevitable collapse as the oil age ends. The oil prices will go through the roof, so much so that it will hurt the companies, because alternative energy will actually be cheaper.