Microsoft and Apple are having very different weeks.
The same day Microsoft’s stock plunged the most in 18 months on a middling earnings report and gloomy outlook, old rival Apple released a spectacularly good earnings report. The Cupertino, Calif., company earned more profit in the last three months of 2014 than any publicly traded company has ever reeled in during a quarter.
Microsoft sold $26.5 billion in software and devices, taking home $5.8 billion of that in profit. Apple, propelled by sales of its iPhone 6, logged sales of $74.6 billion, and a profit of $18 billion.
Nowhere is the contrast between the rivals clearer than their diverging fates in China.More