Apple Market Capitalization 2020

Apple the largest publicly traded company in the world is nearing an unprecedented 2 trillion market cap.

Apple market capitalization 2020. View 4 000 financial data types. Apple jumped 10 on friday ending the day with a record market capitalization of 1 817 trillion. Company left in the trillion dollar club during the coronavirus fueled stock market. Apple s market capitalization closed below 1 trillion leaving its longtime rival microsoft as the only u s.

Market capitalization or market value is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Apple market cap history and chart from 2006 to 2020. The era of high quantitative easing in 2020 has helped global stock traders raise funds for placing more bets in growth stocks like apple thereby resulting in their astronomical rise in valuations in spite of covid 19. 3 august 2020 1902 1902 first achieved a 1 trillion market cap on 4 august 2018.

Became the world s first company to record a market capitalization of 1 trillion and subsequently passed the 1 3 trillion threshold in dec. Apple shares surged as much as 5 to an intraday high of 446 55 per share on monday continuing a post earnings rally for the tech company. Market views apple market capitalization nears 2 trillion as apple s ceo becomes a billionaire. Apple market cap as of august 14 2020 is 1000b.

10 july 2020 1623 1623. When studying companies from a relative basis it would make sense to compare companies that have a similar market capitalization because factors like market share economies of scale and business models would also be. To cross that threshold the stock needs to trade as. These companies also.

2019 to put that staggering 1 3 trillion. However market capitalization based on h shares never reached 500 billion. That pushed apple s market capitalization to 1 92. 30 july 2020 1596 1596 first achieved a 1 trillion market cap on 4 september 2018.

Based on apple s most recent close the rally has resulted in a market capitalization of 1 9 trillion meaning it will need to rise a little more than 5 to surpass the level.