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As of Dec. 23, the 10 largest stocks in the S&P 500 accounted for 39.9% of the index's market cap, per Charles Schwab senior investment strategist Kevin Gordon. That's the largest share seen in at ...
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.
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 ...
Apple is one of the Big Five American information technology companies; [a] for the most part since 2011, [b] Apple has been the world's largest company by market capitalization, and, as of 2023, is the largest manufacturing company by revenue, the fourth-largest personal computer vendor by unit sales, the largest vendor of tablet computers ...
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.
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 ...
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.
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.