Apple briefly overtakes Saudi Aramco to become the world's largest company

REUTERS: Apple Inc shares surged as much as 7.1per cent to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world's largest public company.

Shares of the company rose to a record high of US$412 in early trading. Closing at that level will give it a market capitalization of US$1.786 trillion.Saudi Aramco , which has been the largest public company since going public last year, had a market capitalization of US$1.76 trillion as of last close.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple delivers blowout earnings, strong iPhone revenue despite COVID-19Apple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple delivers blowout earnings, strong iPhone revenue despite Covid-19NEW YORK (REUTERS) - Apple on Thursday (July 30) delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as consumers working and learning from home during the Covid-19 pandemic turned to its products and services.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »