SAN FRANCISCO—Microsoft Corp’s stock market value closed above Apple Inc’s for the first time in eight years on Nov. 30, as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand.
Shares of Microsoft rose 0.6 percent to end the week at $110.89, putting its market capitalization at $851.2 billion. Apple shares fell 0.5 percent to $178.58 on the day, adding up to a market value of $847.4 billion.
