Apple is the first American company to exceed two trillion dollars in capitalization

After surpassing the Saudi oil company Aramco as the largest company in the world by market capitalization, Apple this Thursday became the first listed US company to reach two trillion dollars (1.67 trillion euros) of valuation. The apple company has doubled in value in the last two years in the heat of the technology boom, spurred - even more, if possible - by the pandemic.

An hour of trading on Wall Street has been enough for Apple stocks to reach the milestone. The company led by Tim Cook thus becomes the first American and the second listed company in the world to reach two billion dollars in valuation, after the Saudi state oil company Aramco briefly achieved this milestone on December 12, 2019, one day after its IPO, although it was not able to maintain that value afterwards.

Apple shares accumulate a revaluation of more than 60% so far this year, after saying goodbye to 2019 at a unit price of $ 291.64. In January 2007, after announcing the launch of the iPhone for June of that same year, Apple shares were trading below $ 9. The Cupertino company debuted on December 12, 1980 at a price of $ 22 per share and has since made four splits , so the price of the IPO adjusted by these divisions would be $ 0.39.

The American technology giant obtained a net profit of 11,253 million dollars (9,503 million euros) between April and June, which represents an increase of 12% compared to the same period of the previous year. This is the best result recorded by the multinational in its third fiscal quarter. IPhone sales in the quarter reported Apple 26,418 million dollars (22,310 million euros), 1.7% more, while Mac sales increased 21.6%, to 7,079 million dollars (5,978 million euros). euros), and revenue from iPad sales grew 31% to $ 6,582 million (€ 5,558 million).

In the first nine months of its fiscal year, the Cupertino company obtained a net profit of 44,738 million dollars (37,781 million euros), 7.6% more than in the same period of the previous year, while turnover increased 7%, up to 209,817 million dollars (177,195 million euros).