The iPhone maker passed $2tn in 2020, during the COVID-19 pandemic that has stoked demand for personal electronics and digital services, and reached over $1tn in 2018.
It also marks the latest accomplishment for Tim Cook, who became chief executive of Apple in 2011 shortly before the death of the company’s co-founder Steve Jobs. “It just shows you how far Apple has come, and how dominant it is seen as in the majority of investors’ eyes.”Scott Wren, the senior global market strategist at Wells Fargo Investment Institute, said: “The market is rewarding companies that have strong fundamentals and balance sheets, and the companies that are hitting these sort of huge market caps have proven they are strong businesses and not speculation.
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Apple hits $3trn market value -- now worth more than ALL cryptocurrencies | TheCableApple has become the first American company to reach a market capitalisation of $3 trillion.
La source: thecableng - 🏆 2. / 80 Lire la suite »
Apple becomes first company to hit $3 trillion market value, then slipsApple on Monday became the first company to hit a $3 trillion (roughly Rs. 2,23,75,950 crore) stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality. Really? So could not convert $3 trillion into Naira but Indian Rs? Copy and paste taken too far. Shame!
La source: GuardianNigeria - 🏆 1. / 94 Lire la suite »