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The day before the announcement Apple had a market cap of $2.46 billion, [159] and had ended its previous quarter with quarterly revenues of US$1.7 billion and cash reserves of US$1.2 billion, [160] making the US$150 million amount of the investment largely symbolic. Apple CFO Fred Anderson stated that Apple would use the additional funds to ...
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.
In January 2022, Apple became the first publicly traded U.S. company in history to reach a market capitalization of $3 trillion. [33] In January 2023, Apple fell below $2 trillion. [34] Apple closed above $3 trillion for the first time in June 2023 and closed above $3 trillion again in December 2023. [35] [36]
Apple's market cap peaked at nearly $3.6 trillion, but it has since fallen back to around $3.4 trillion. ... Apple (NASDAQ: AAPL) has spent quite some time as the most valuable company in the ...
Apple’s market cap topped $3 trillion on Friday, as shares climbed about 1% to a new high and passed the $190.73 price required to hit the milestone, according to CNBC’s most recent share count.
Consumer tech giant Apple (NASDAQ: AAPL) has had a pretty good year, with its stock up roughly 19% as of Sept. 11, outperforming the broader market. However, like most tech stocks, September has ...
In May 2010, Apple's market cap exceeded that of competitor Microsoft for the first time since 1989. [119] In June 2010, Apple released the iPhone 4, [120] which introduced video calling using FaceTime, multitasking, and a new design with an exposed stainless steel frame as the phone's antenna system.
Apple officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation.