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On May 26, 2010, Apple's stock market value overtook Microsoft's, [183] [184] [185] and Apple's revenues surpassed those of Microsoft in the third quarter of 2010. [ 186 ] [ 187 ] After giving their results for the first quarter of 2011, Microsoft's net profits of $5.2 billion were lower for the quarter than those of Apple, which earned $6 ...
On August 2, 2018, Apple became the first publicly traded U.S. company to reach a $1 trillion market value, [306] [307] and as of June 2024, is valued at just over $3.2 trillion. [7] Apple was ranked No. 4 on the 2018 Fortune 500 rankings of the largest United States corporations by revenue. [308]
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 has held the title of most valuable company for a long time, having first attained it in August 2011. Read More: I’m a Self-Made Millionaire: 5 Stocks You Shouldn’t Sell.
Despite constant attempts by analysts and the media to complicate the basics of investing, there are really only three ways a stock can create value for its shareholders: Dividends. Earnings growth.
If you decided to invest $1,200 in Apple stock back then, it would be worth over $2.3 million today. But if you had real conviction in your investment and purchased 50,000 shares of Apple stock ...
Apple customers gained a reputation for devotion and loyalty early in the company's history. In 1984, BYTE stated that: [12] There are two kinds of people in the world: people who say Apple isn't just a company, it's a cause; and people who say Apple isn't a cause, it's just a company. Both groups are right.
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