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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 ...
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 ...
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 ...
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.
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.
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.
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.
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.