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Apple stock hits $2 trillion market capitalization


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Apple's $2 trillion market capitalization is so big that it's now worth almost as much as the entire UK stock market

* Apple's stock price has ballooned so much in recent weeks that it is on track to be worth more than the entirety of the UK's benchmark share index, the FTSE 100.

 

* The tech giant became the first US-listed company to reach the $2 trillion mark this week.

 

* According to data from Bloomberg, the FTSE is worth just shy of $2.2 trillion.

 

* If Apple's stock rises 7%, it will surpass the FTSE in market capitalization.

 

https://markets.businessinsider.com/news/stocks/apple-2-trillion-rally-market-capitalization-entire-uk-stock-market-2020-8-1029524339#

Love 'em or hate 'em, their stock is impressive.

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2 hours ago, Andersen said:

Apple's $2 trillion market capitalization is so big that it's now worth almost as much as the entire UK stock market

* Apple's stock price has ballooned so much in recent weeks that it is on track to be worth more than the entirety of the UK's benchmark share index, the FTSE 100.

 

* The tech giant became the first US-listed company to reach the $2 trillion mark this week.

 

* According to data from Bloomberg, the FTSE is worth just shy of $2.2 trillion.

 

* If Apple's stock rises 7%, it will surpass the FTSE in market capitalization.

 

https://markets.businessinsider.com/news/stocks/apple-2-trillion-rally-market-capitalization-entire-uk-stock-market-2020-8-1029524339#

Love 'em or hate 'em, their stock is impressive.

It is a ‘new paradigm’ - ‘dontchaknow‘ !

This stock (and the other FAAAT ones!) can keep on returning 5% a day - ad Infinitum....!

😉

23F70384-0B03-4C36-A3B3-D7090E10F865.jpeg

53C1663B-623D-4C0C-9702-7F44015611F1.jpeg
 


S&P AVERAGE HISTORICAL P/E Ratios OF ALL STOCKS.....

2BCE90C9-F259-466F-97E8-310027E39926.jpeg

APPLE PE RATIO 22nd Aug 2020:

1AD05C03-C13A-4550-AE1E-77A50096ED06.jpeg
 

When this baby ‘blows’ it could rival the ‘dotcom’ bust of March 2000 - the FAAATs could take the whole market, and all the other indices... everything with them ...  But eh?...... ‘it’s different this time’!.......

 

Edited by Vendetta
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22 hours ago, Andersen said:

Apple's $2 trillion market capitalization

Love 'em or hate 'em, their stock is impressive.

Apple going up or $ going down?

When fiat currency crashes my house will be worth £1 trillion.. :Jumping:

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On 22/08/2020 at 23:18, Andersen said:

Apple's $2 trillion market capitalization is so big that it's now worth almost as much as the entire UK stock market

* Apple's stock price has ballooned so much in recent weeks that it is on track to be worth more than the entirety of the UK's benchmark share index, the FTSE 100.

 

* The tech giant became the first US-listed company to reach the $2 trillion mark this week.

 

* According to data from Bloomberg, the FTSE is worth just shy of $2.2 trillion.

 

* If Apple's stock rises 7%, it will surpass the FTSE in market capitalization.

 

https://markets.businessinsider.com/news/stocks/apple-2-trillion-rally-market-capitalization-entire-uk-stock-market-2020-8-1029524339#

Love 'em or hate 'em, their stock is impressive.

By the end of the week then.  😂

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  • 2 weeks later...

What is the impact on the US economy / currency etc. of having these huge companies? Does the money somehow trickle down and help the average Joe? Or is it only really beneficial for shareholders / workforce etc?

What would the UK get if it had a couple of technology giants of its own?

In effect, these are global companies right?

Edited by A tremendous # on the lung
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17 minutes ago, A tremendous # on the lung said:

What is the impact on the US economy / currency etc. of having these huge companies? Does the money somehow trickle down and help the average Joe? Or is it only really beneficial for shareholders / workforce etc?

What would the UK get if it had a couple of technology giants of its own?

In effect, these are global companies right?

the amount of money in silicon valley being handed out is truely mind blowing.  I know of one person who flies a cleaner down in their helicopter to clean their fish tank.  which is basically a shark tank.  in their house.

it's mental.

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