What are the most valuable companies in the world? What is the net worth of companies like Facebook, Apple, Google, Microsoft, and Chevron? One of the best ways to get rich is to start a company, take it public, then cash out in a big IPO. But exactly how rich are some of the world's most valuable corporations, and how do they make so much money?
Apple Net Worth;
Apple Prices: Apple is an American multinational technology company with a total value of $2 trillion, as of August 2020. History of Apple Inc. he is a corporate legend. The rise, fall, and rise of the company, have been featured in magazines, books, and television films. When the founder, Steve Jobs, passed away in October 2011, people around the world mourned his death in public. The success of the company is such that, there was a short period of time during the debt crisis when Apple, Inc. had a larger share of their savings than the US government. The company employs about 60,000 people worldwide, with an additional 3,000 temporary employees.
Introduced by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, the company initially struggled, competing with Commodore, Handy, then IBM and Microsoft, who became their biggest, most persistent rivals. The launch of the Macintosh, developed by Jobs, in 1984, proved to be a success, but it did not last, and after a fight, Steve Jobs was fired from the company a year later. In the next few years, the company will undergo major and negative changes, as well as a short period of success in the late 80s and early 90s.
It was not until the late '90s, when Steve Jobs returned to run the company, that they finally began to rise in technology. With the launch of the all-in-one iMac in 1998, a completely new era for Apple began. Since then, they have continued to expand their brand, launching popular products such as iPod, iPhone, MacBook Air, and iPad. The company has been regarded as a role model for many years but has recently been criticized for the conditions prevailing in overseas factories.
$1 trillion: On August 2, 2018, Apple shares topped $207 for the first time ever. At that level, Apple became the first American public company to top $1 trillion in market cap.
$2 trillion: On August 19, 2020, Apple's market cap hit $2 trillion for the first time. It's the first American company to top $2 trillion in market cap.
After all, Apple has become the world's most valuable company in the world:
Yesterday, Apple Inc. became the first American company in history to have a market cap of $700 billion. As of this writing, Apple is trading at $124 per share. That gives the company a market cap of $722 billion–an increase of 64% over just the last 12 months. So how does Apple stack up against its modern competitors? And is Apple the most valuable company of all time?
Morris Chang is the founder and chairman of Taiwan Semiconductor Manufacturing Co. (TSMC). TSMC is the world's largest chipmaker. Chang has had a very good year. Shares of his company have gone up 27% and made Chang a billionaire. The stock has surged thanks to the expected demand for the new iPhone.
You must be logged in to post a comment.