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The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
There are twenty one stock exchanges in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club". These exchanges accounted for 87% of global market capitalization in 2016. [1] Some exchanges do include companies from outside the country where the exchange is located.
The software giant took the top spot just after the start of trading, hitting north of $2.8 trillion. Apple’s market cap was also trading above $2.8 trillion, but was just behind Microsoft.
After crossing $1 trillion during trading hours once in September 2018 and again in January 2020, [21] [22] Amazon closed above $1 trillion for the first time in April 2020. [23] In November 2022, Amazon fell below $1 trillion for the first time since 2020, [ 24 ] part of a 51% decline from $1.7 trillion at the beginning of 2022 to $834 billion ...
The milestone comes after a rip-roaring first half of 2023 for tech stocks, which has seen the Nasdaq rise 30% while Apple stock has gained more than 45%.
In May 2013, Apple entered the top ten of the Fortune 500 list of companies for the first time, rising 11 places above its 2012 ranking to take the sixth position. [301] As of 2016 [update] , Apple has around US$234 billion of cash and marketable securities, of which 90% is located outside the United States for tax purposes.
Market cap is given by the formula =, where MC is the market capitalization, N is the number of common shares outstanding, and P is the market price per common share. [ 8 ] For example, if a company has 4 million common shares outstanding and the closing price per share is $20, its market capitalization is then $80 million.
Apple (AAPL) closed at $364.80 in the latest trading session, marking a +0.83% move from the prior day.