On the first trading day of the year on Wall Street in the middle of the day, Apple shares reached a record high of $ 182.88, bringing capital of over $ 3 trillion to the historic threshold. It was the first American company to reach this milestone. Since March 2020, stock prices have more than tripled in the midst of epidemics. On the contrary, Tim Cook first Became CEO of Apple, and the company’s shares grew tenfold.
Competition with Microsoft
Competitor Microsoft has an open challenge. In August 2020, Cupertino first reached $ 2,000 billion in capital. However, the company founded by Bill Gates did not take long to catch up with it. By the end of October 2021, Microsoft could have relied on $ 2.43 billion in market capitalization against the $ 2,430 billion in Cupertino home. According to analysts, competition is still a long way off.
Accounts of Kafam
Let’s try to look at the big technology from above: turnover from $ 1.350 billion to $ 300 billion in net profit. These are the stratospheric results of GAFAM (Google, Apple, Facebook, Amazon and Microsoft) for the past year (twelve months ending September 30, 2021). In terms of Apple’s net profit from October 2020 to September 2021, Apple’s earnings were surprising. $ 3,000 per second During this period. Performance that allows it to maintain its position as the world’s most profitable company this year. Stadista’s graphics below.
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