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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.
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 ...
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.
Apple has since regained its crown with a valuation of about $3.7 trillion. Apple's score score of 62.7 in the Drucker ranking for employee engagement and development was the lowest of any company ...
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.
After the bubble burst, it took roughly 17 years for Microsoft to once again reached a $600 billion market cap in 2017. Today, Microsoft’s $746 billion market cap makes it the fourth largest ...
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.
NEW YORK (Reuters) -Microsoft's stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world's second most valuable company, just behind ...