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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.
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 ...
(Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone ...
Apple's market cap peaked at nearly $3.6 trillion, but it has since fallen back to around $3.4 trillion. ... Revenue increased 6% year over year in the company's fiscal 2024 fourth quarter (which ...
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.
Shares have rallied more than 11% over the past month, and the iPhone maker is nearing a $4 trillion market cap. Apple is closing 2024 on a winning streak after a tough start to the year.
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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 ...