According to Xinhua News Agency, Apple stock in the United States rose sharply on the first day of the New Year's market on January 3, making the company the only company in the world with a market value of more than $3 trillion. At the close of the day, Apple's stock price fell slightly, and the company's market value was slightly less than $3 trillion.
Apple's stock price rose 3 percent at one point in the day's trading to an all-time high of $182.88, a $182.85 threshold to achieve a $3 trillion market cap, CNN reported. In later trading, the tech company's shares retreated slightly, eventually rising 2.5 percent to close at $182.01. According to this closing price estimate, Apple's market value is $2.99 trillion, which is still the world's highest market capitalization company.
Apple's market capitalization exceeded $1 trillion for the first time in August 2018 and more than $2 trillion in August 2020. Reuters quoted financial information service provider Refiniter data to report that only two companies in the world, Apple and Microsoft, have a market capitalization of more than $2 trillion, and the latter currently has a market capitalization of $2.5 trillion. Among U.S. companies, Google's parent company Alphabet has a market capitalization of nearly $2 trillion, Amazon has a market capitalization of $1.7 trillion, and Tesla Motors has a market capitalization of $1.2 trillion. In addition, Saudi Arabia's National Oil Company (Saudi Aramco) has a market capitalization of $1.9 trillion.
Seeing apple become the world's first Hong Kong listed company with a market value of more than $3 trillion, many people are still unexpected, but it is also reasonable, how should we view Apple's current market value to a new high?
First of all, from a macro point of view, the current uncertainty of the world economy is actually still increasing, due to the recurrence of the epidemic, more and more countries are actually facing huge pressure, so in this context, the more high-quality companies, the more obvious the role of the pressure box stone played at this time, so what we see is that Apple as a very high-quality enterprise, in a sense, it has become a very important enterprise in Buffett's stock selection. In other words, Apple has become a company with stable growth potential. For such a company, the more volatile the market, in fact, the greater the possibility of the market. This is also why investors have begun to choose more stable, more clear development trend of the company, as their own investment target, which is also the current Apple can be selected by the market core reasons.
Secondly, let's look at Cook, as the head of Apple, Cook, in fact, has been complained about by many people, its own technical ability is not strong, and it has not brought more products to the market that deserve the market's attention, it can be said that from this point of view, Cook is not a successful innovator. However, we must say however, although Cook is not a successful innovator, but a very successful defender, as a supply chain management expert, as a market deep recognition of the manager, Cook did not bring too much innovation to Apple, but brought Apple a stable supply chain and a strong market advantage, through price reduction to increase production capacity and a series of means, in fact, the market has been very recognized, Apple as a consumer electronics giant status, For most users, although there is no exciting innovation, apple products have always been very recognized by consumers, which is why Apple can endure.
Third, for the current Apple, the market value of more than 3 trillion yuan is the result of multiple factors, but Apple's own business is fundamentally good, doomed to the long-term value of its business development, which is also the core reason why the current capital market recognizes Apple. From the perspective of current development, Apple's stock price may still have certain fluctuations, and it is impossible to say that it will continue to improve completely, but the overall steady upward trend has actually been formed, which is Apple's biggest advantage.