The hegemony of Apple, the company founded by Steve Jobs and Steve Wozniak, is once again evident after reaching a new historical milestone. On Wednesday, the iPhone maker’s shares received the final boost that led the Cupertino, California-based company to a market capitalization of $2 trillion.
A goal never achieved by any other company, which has seen its market value double in just two years due to the popularity of products and services, including Mac computers, its App Store, Apple Watch, AirPods, Apple TV or Apple Music.
more than double in one year
Apple’s shares have appreciated 59.24% this year despite the scourge of the pandemic and accumulate a rise of 122.3% in the last 12 months. The company led by Tim Cook already broke the mold on August 2, 2018, . However, this brand has already been surpassed by other contemporaries within the technology sector such as Amazon, Microsoft and Alphabet.
Shortly before 11 in the morning, local time on the East Coast of the United States, the titles of the apple reached 467.77 dollars, a figure that instigated the new Apple record if we look at the number of outstanding shares (4,275 .634.000). The entity already stole the throne on July 31 from the state oil company.
In its last fiscal quarter, despite the impact generated by the coronavirus worldwide, iPhone sales experienced an increase of 1.6% to 26,418 million dollars. For their part, Mac computers registered a rebound by registering 7,079 million dollars in revenue, 21.6% compared to the same period in 2019. iPad sales grew even more, 31%, to 6,582 million dollars.
Other areas, such as wearables and accessories, which include Airpods or Apple Watch, saw sales rise 16.7% to $6.45 billion. The company’s services business, the second most important segment behind the iPhone, entered 13,156 million dollars, almost 15% more.
In addition, it should not be overlooked that , which will offer four titles for each share of the company in order to broaden its investor base, by making them more affordable. In this way, each registered Apple shareholder at the close of trading on August 24 will receive three additional shares for each value in the portfolio on the registration date. The titles will trade on an adjusted basis after this split as of August 31.
Facebook Comments
Disqus