This article is from TechWeb
According to reports in the foreign media, when the US stock market closed on the last trading day in August, Apple's market value was almost $ 1.1 trillion, more than 21 times the market value of Tesla in the same period.
The market value of Apple is almost $ 1.1 trillion on Friday, which is 21 Tesla
At the end of the US stock market on Friday, Apple's share price was $ 227.63, up $ 2.60 or 1.16% from the closing price of $ 225.03 on the previous trading day. At the height of the session, Apple's stock price reached $ 228.87, the closing price and the highest intraday price a new high.
Last August, the US equity market had a total of 23 trading days and the closing price of Apple shares in 13 of these trading days was higher than the previous trading day. At the end of the US stock market on the last trading day in July, Apple's share price was $ 190.29 and the last trading day in August closed at $ 227.63, up $ 37.34, or nearly 20%.
After the share price rose almost 20%, the market value of Apple also rose significantly in August. According to the rate at the end of trading on Friday, Apple's market value amounted to USD 1,097,436 billion, an increase of EUR 164,134 billion from the USD 935,302 billion at the end of the last trading day in July. dollar.
It is worth noting that Apple's market value reached $ 1,019.35 billion on August 2, driven by Apple's best third quarter of the earnings report, making it the world's first technology company with a market capitalization of more than $ 1 trillion. .
After reaching a trillion US dollars, the market value of Apple has not stopped to grow, then the market value of Apple increased Friday by 80.1 billion dollars.
As the current largest global market capitalization company, Apple is close to the market value of $ 1.1 trillion. Except for the top five technology companies, Amazon, Google parent company Alphabet and Microsoft, the market value of another company is not the market value of Apple. In half, Tesla, which made great strides in electric vehicles, had a market value of $ 51.461 billion at the end of Friday and Apple's market capitalization was 21.36 times.