Microsoft falls to third place in market value
WinInfo | at | by Mike
Microsoft is no longer the second-largest company on earth; the company fell to third place this week, thanks to strong gains by drug maker Pfizer. Microsoft didn't actually lose any value--the company is still valued at $279 billion--but Pfizer has seen its stock soar recently because the company has been buying rivals and releasing popular new products. Pfizer is now worth about $285 billion. Both companies, however, trail General Electric (GE), which is valued at $307 billion.