New record for the apple brand. Apple crossed the symbolic threshold of $ 3 trillion in capitalization on Monday, a first in stock market history, which testifies to the success of a group whose value has increased almost tenfold since the departure of the iconic Steve Jobs.
This incursion was only short-lived, just a few seconds before 19:00 GMT, the title having lost a little ground therefollowing.
At around 7:10 p.m. GMT (8:10 p.m. in Paris), the stock was up 2.60% to $ 182.19. AAPL, the initials for the title listed on the Nasdaq electronic stock exchange, weighed, at this point in the session, $ 2,988 billion. Microsoft is the only other company in the world with a stock market value of over $ 2,000 billion.
Became, in early August 2018, the first company to pass the $ 1,000 billion mark, 38 years following its IPO, Apple only needed two years to cross $ 2,000 billion, then 16 months to go to the -over 3,000 billion.
Record turnover to be expected
Nothing seems to be able to stop the progression of Apple’s price, which however disappointed analysts during its last quarter, completed at the end of September and published at the end of October. The shortage of silicone, an essential component in the manufacture of microchips, as well as disruptions linked to the coronavirus at the group’s subcontracting factories in Southeast Asia, have cost Apple around six billion dollars in sales.
When presenting these results, CEO Tim Cook explained that he expected the impact to be at least as significant in the following quarter, which covers the end of year holidays. Despite these difficulties, the firm still expected to achieve a record turnover during the quarter going from October to December, the first of its 2021/22 fiscal year.
Some 45 years following its founding on the idea of the consumer microcomputer, Apple is a company driven by iPhone sales. Its flagship product, launched in 2007, generated some 191.9 billion dollars in sales during its 2020/21 fiscal year (October to September), by far a record.
