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Apple falls to third place behind Microsoft, Amazon in market cap

“The company finished Thursday’s session with a market cap of $829 billion, behind Microsoft MSFT, +0.62% at $838.3 billion and Inc” writes Emily Bary for Apple shares have gained just 3% so far this year, while Amazon’s stock has risen 45% and Microsoft’s has gained 27%.Microsoft shares rose 0.6% in Thursday trading and Amazon’s stock gained 1.9%.MSFT, +0.62% after its shares fell 1.1% in Thursday’s session amid renewed fears about China tensions and weak iPhone demand.

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