While Apple is back on top with a market cap of $817B at the time of this posting, Microsoft managed to become the world’s most valuable company Friday with a $753B vs. $746B market cap. The last time Apple and Microsoft came this close was back in 2010, which suggests Nadella’s bet on cloud services and enterprise software is working. Its cloud computing division has been the anchor for its resurgence. In its first-quarter report last month, revenue in its intelligent cloud was $8.6 billion, up 24 percent. Overall, revenue was up 19 percent at $29.1 billion, operating income increased 29 percent to $10 billion and net income surged 34 percent to $8.8 billion.