The share price of the American company Apple has reached a record high. On Monday, the price of the technology giant's securities rose 3.04% and by the time of the close of trading for one share of the company gave $ 153.12. Adjusted for a stock split, this is the best close in Apple history. Above this value, Apple shares traded only in the middle of the day, when the value of one security reached $ 153.49.
Against the backdrop of these successes, Apple's market capitalization for the first time at the end of the day exceeded $ 2.5 trillion and amounted to $ 2.531 trillion. This means that Apple became the first American company from the so-called "club of trillions" to overcome the threshold of $ 2.5 trillion in market capitalization. Currently, all over the world, only the national oil company of Saudi Arabia Saudi Aramco is worth more than Apple, the capitalization of which is $ 7.01 trillion. As for the "Trillionaire Club", in addition to Apple, it includes Microsoft ($ 2.281 trillion), Alphabet ($ 1.934 trillion), Amazon ($ 1.733 trillion) and Facebook ($ 1.073 trillion).
Apple's shares began to rise in value on August 27 when the company released its quarterly financial statements. In the period from April 28 to June 26 (for Apple, the third fiscal quarter of 2021), the company's revenue increased by 36% compared to the same period last year and amounted to a record $ 81.4 billion, while net profit increased by 93% to $ 21.74 billion, or $ 1.3 per share.
Recall that Apple crossed the $ 2 trillion mark in market capitalization in 2020. Prior to that, the only company in the world that overcame this value was the aforementioned Saudi Aramco. It took Apple about two years to double its capitalization: the $ 1 trillion mark was crossed in 2018.
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