Apple’s shares are in full swing! Since last Friday, they have been breaking record after record, and today was no different.
A $ AAPL closed the day up 2.57%, worth $ 352.84 – the high during the trading session was also a record, at US $ 354.77. The performance of Apple on NASDAQ made the company’s market value break the threshold of $ 1.5 trillion, something previously unheard of for an American company.
As explained by MacRumors, market value (or market cap, in English) is an account that takes into account the share price multiplied by the number of outstanding shares of a given company. In the case of Apple, as the shares are worth $ 352.84 and there are approximately 4.3 billion shares outstanding, its market value is now around $ 1.529 trillion.
It is good to note that NASDAQ as a whole is having a great week. The stock market surpassed the 10,000 points barrier; in this tone, Microsoft, Amazon and Google Alphabet are also surfing with Apple. Check the updated numbers for all of them, below:
| Apple | + 2.57% | $ 352.84 | $ 1.529 trillion |
| Microsoft | + 3.71% | $ 196.84 | $ 1.493 trillion |
| Amazon | + 1.79% | $ 2,647.45 | $ 1.32 trillion |
| Alphabet | + 0.67% | $ 1,465.85 | $ 999.2 billion |
Going back to talking about Apple, another fact that helps to value the company’s shares – in addition, of course, forecasts for the next fiscal quarter – is the share buyback program that it put in place in 2012. Since then, the company removes a good number of shares from the market, valuing more the shares that remain in the hands of the shareholders.
In addition, having shareholders like Warren Buffet and Bill Gates also help to convey the image of a company in good financial health – after all, we are talking about two of the richest men in the world.
