Apple Lossless Audio CODEC (ALAC), back to close to 3.000 billion of dollars of market capitalization dragging the entire technology sector with it. The Cupertino company closed yesterday's day by scoring a new historical record arriving at a market cap di 2.920 billion. Yesterday, trading touched 187,83 dollars with an increase of 0,61% of the share reaching a value equal to France's GDP.
Apple grows by more than 2023% in 46
Since the beginning of the year Apple shares they are flying growing by more than 46%. Currently, Apple alone constitutes the 7,5% of the S&P 500 index, which measures the performance of the top 500 US companies based on their market capitalization.
The merit of this surge is also due to thenew product announcement of the Cupertino house: apple vision pro. After a brief contraction following the presentation of the headset that promises to revolutionize the AR and VR experience, Apple's shares are again to increase significantly. While some analysts had predicted a tepid market reaction to the new product, the facts proved otherwise, as shares rallied immediately.
Target 3.000 billion
Apple is now close to the finish line touched fleetingly to the beginnings of the 2022 when the company exceeded the threshold of 3 trillion capitalization in one day without however being able to close the session at that level.
Tim Cook's company would become the first company in the world to go beyond the trillion mark. In 2020, Apple was the first company listed on the US stock exchange to reach and exceed the market capitalization of 2.000 billion dollars.
Tech companies dominate the market
The other big Big Tech companies are not doing badly either. Microsoft it has a market capitalization that exceeds 2.400 billion (slightly more than the Italian GDP). A (Google's parent company) reaches 1.700 trillion (same as Mexico). Tesla, on the other hand, is worth more than Taiwan's GDP, reaching 839 billion in capitalization. Bringing up the rear among the greats of technology is Meta with 713 billion market cap.
