Since the end of trading last Wednesday, Apple’s market value of $2. 307 trillion has surpassed the combined worth of Alphabet, Amazon, and Mita firms.
According to the Business Insider website, the combined valuation of the other three massive corporations surpassed 2. 306 trillion dollars at the same time.
Alphabet, the company that owns Google, is now worth $1.126 trillion, while Amazon is now worth $939 billion.
78 billion dollars, whereas the combined valuation of Facebook and Instagram’s owners was $240.07 billion, according to data from Yahoo Finance.
Apple’s share experienced a notable performance after the company’s discourse predictions and profits exceeded Wall Street’s expectations during its fourth quarter. In contrast, the shares of large technology companies generally experienced difficulties as a result of their sale last week against the background of the results of the quarterly profits that were disappointing.
After attaining these achievements, the value of Apple shares grew by 8%, but Meta lost more than 20% of its value. Amazon’s share price dropped by 10% following the release of earnings reports, and Alphabet’s shares did not survive the losses either.
Due to the unfavourable outcomes of these businesses, their worth decreased by billions of dollars, and as a result, Amazon removed these businesses from its list of those with a value of $1 trillion or more.
Apple’s valuation is greater than the sum of Amazon, Albett, and Meta.
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