Apple briefly overtakes Saudi Aramco to become the world’s largest company | Malay Mail

Friday, 31 Jul 2020 11:24 PM MYT

Shares of the company rose to a record high of US$412 in early trading. Closing at that level will give it a market capitalisation of US$1.786 trillion. — Reuters pic NEW YORK, July 31 — Apple Inc shares surged as much as 7.1 per cent to a record high today 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 capitalisation of US$1.786 trillion. Saudi Aramco, which has been the largest public company since going public last year, had a market capitalisation of US$1.76 trillion as of last close. — AFP

Nigeria Nigeria Latest News, Nigeria Nigeria 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 amid Covid-19, market shrugs off iPhone delays | Malay MailSAN FRANCISCO, July 31 ― Apple Inc yesterday delivered blowout quarterly results, reporting 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. The report topped Wall Street...
Source: malaymail - 🏆 1. / 86 Read more »