Apple returns to a $ 1 trillion company

Apple returns to a $ 1 trillion company

The first time that Apple crossed the mark of a $ 1 trillion it was over a year ago. Since then, it has even been worth US $ 1.121 trillion, but soon after it entered a spiral of bad news (closely related to the company’s performance in China), causing its shares to plummet and bringing its mark value below US $ 750 billion. . With that, it dropped some positions in the ranking of most valuable companies in the world and lagged behind Microsoft and Amazon for a long time.

Microsoft remains the most valuable company, but this week Apple came back with everything. The reason is still uncertain: be it due to the animation of the financial market with iPhone 11, which costs from US $ 700 and has everything to be the best selling Apple, or for the new services (Apple Arcade and Apple TV +) with its very competitive prices, the fact is that the company is on a positive tide.

Today, Apple shares closed the day worth $ 223.59, a high of 3.18%. As a result, the company’s market value went to $ 1.01 trillion – still behind Microsoft’s $ 1.04 trillion, but again at a level it had set aside months ago.

We will now see how the company’s financial performance will be in the coming days. Even though it no longer releases sales figures for product launches, surveys give a good idea of ​​the company’s performance – and that may (or may not) affect its actions.