Apple closes in on US$3t market value | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SAN FRANCISCO, Dec 14 ― Apple Inc's market value hovered just shy of the US$3 trillion (RM12.7 trillion) mark yesterday, following a stunning run over the past decade that has turned it into the world's most valuable company. The company’s shares fell just over 2 per cent yesterday to close at...

SAN FRANCISCO, Dec 14 ― Apple Inc's market value hovered just shy of the US$3 trillion mark yesterday, following a stunning run over the past decade that has turned it into the world's most valuable company.

The iPhone maker's march from US$2 trillion to near US$3 trillion in market value took 16 months, as it led a group of megacap tech companies such as Google-parent Alphabet Inc and Amazon.com Inc that benefited from people and businesses relying heavily on technology during the pandemic.

“Tim Cook has done an amazing job over the past decade, taking Apple's share price up over 1,400 per cent,” OANDA analyst Edward Moya said. Microsoft, which has a market value of roughly US$2.6 trillion, was the world's most valuable company as recently as late October when Apple reported that supply chain constraints could weigh on its growth for the remainder of the year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The world of sheeple

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

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.

Malaysian cocoa industry has good potential to penetrate international market, says minister | Malay MailKOTA SAMARAHAN, Dec 12 — The Malaysian cocoa industry has good potential to penetrate the international market due to its high quality, said Minister of Plantation Industries and Commodities Datuk Zuraida Kamarudin. She said the ministry was serious about developing the cocoa industry as the...
Source: malaymail - 🏆 1. / 86 Read more »

Sarawakian entrepreneurs can expand market through digital platform, says minister | Malay MailKUCHING, Dec 12 — Sarawakian entrepreneurs can learn to conduct their business and expand their market through the e-commerce platforms in SayaDigitalKeluargaMalaysia Tour, said Communications and Multimedia Minister Tan Sri Annuar Musa. He said that products such as food, handicrafts as well as...
Source: malaymail - 🏆 1. / 86 Read more »

Global stocks fall as markets await central bank meetings | Malay MailNEW YORK, Dec 14 ― Global stock markets fell and the dollar gained ground yesterday as investors waited for news from a host of central bank meetings this week and mulled a future without the Fed's safety net. The US Federal Reserve is expected to signal a faster wind-down of asset purchases,...
Source: malaymail - 🏆 1. / 86 Read more »