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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 ...
At current growth rates, Apple's market cap may hit the $4 trillion mark as early as next year, presuming that its valuations don't slip. However, Apple stock is fairly expensive right now.
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]
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 ...
The advantage Apple has in reaching $4 trillion first is that as of last week, it had a higher market cap than Nvidia -- nearly $3.7 trillion versus $3.4 trillion for the chipmaker.
The greater the stock market value of a company, the higher its ranking. Market cap is the share price multiplied by the number of shares issued. For each company the main Global 500 table shows the rank in that year and the year before, the country, market capitalization, sector, turnover, net income, total assets and employees.
Apple's iPhone 16 launch will drive the company to a $4 trillion valuation by 2025, Wedbush said. Wedbush analyst Dan Ives raised Apple's price target to $300, citing the iPhone 16's AI features.
All market capitalization figures are in USD millions. Only companies with free float of at least 15% are included; the value of unlisted stock classes is excluded. Investment companies are not included in the list. [2]