There's a very simple reason why the resurgent Microsoft is threatening to overtake the slumping Apple (MSFT, AAPL)

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There's a very simple reason why the resurgent Microsoft is threatening to overtake the slumping Apple (MSFT, AAPL)

As you read this, Microsoft is jockeying for position with Apple for the title of world's most valuable tech company – something that hasn't happened since 2010, when the Zune was still a thing. The two are roughly neck-and-neck, with each worth about $850 billion, plus or minus a couple of billion dollars, and each overtaking the other at different points during trading this week.

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Microsoft reclaimed the title of most valuable tech company from Apple this week — at least briefly — and the shakeup in the leaderboard says a lot about the direction the companies are heading in and who's leading them there.