Microsoft hits $4 trillion in market value, Apple reports $94B in iPhone revenue, TCS lays off 12,000 workers, and 5G competition heats up with new launches from Xiaomi, Vivo, and Lava.
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In a historic milestone for the tech industry, Microsoft has officially crossed the $4 trillion market capitalization mark, driven by relentless growth in its cloud and AI businesses. At the same time, Apple is making headlines with record-breaking iPhone sales, reporting $94 billion in iPhone revenue for Q3 FY2025.
Microsoft's valuation surge is fueled by explosive demand for Azure cloud services and the integration of generative AI across its ecosystem—including Copilot for Office, GitHub, and enterprise cloud offerings. Analysts attribute the spike to Microsoft's first-mover advantage in enterprise-grade AI, its strong developer community, and increasing government contracts.
With this feat, Microsoft joins the ultra-elite tier of tech giants reshaping the future of software, cloud, and artificial intelligence.
Apple, not to be outshone, reported $94 billion in iPhone revenue in Q3 FY2025—its highest ever for the quarter. The boost is credited to sustained demand for the iPhone 16 Pro Max, powered by Apple’s custom AI chip and advanced imaging features.
Despite global inflation pressures, Apple’s premium strategy continues to deliver, with growth seen in North America, India, and Southeast Asia.
Meanwhile, Indian tech giant Tata Consultancy Services (TCS) announced the layoff of 12,000 employees—primarily in mid-level roles—citing automation, project consolidation, and shifts in client demand.
This follows a broader trend across IT services, where even the largest players are trimming headcount while investing in AI tools to increase margins.
In the mobile space, companies like Xiaomi, Vivo, and Lava are launching new 5G models targeted at price-sensitive markets. As Apple continues to dominate the premium space, these brands are aiming to capture volume through affordability, innovation, and local market customization.
