On Tuesday, Apple’s securities rose by 1.7%. This has increased the value of the company to record levels. Apple proved to be more successful than Microsoft in terms of price, becoming the most expensive firm in the United States.
Currently, the list of the 4 most expensive companies is as follows: Alphabet (capitalization – 791 billion US dollars), Amazon (815 billion US dollars), Microsoft (817 billion US dollars) and Apple (821 billion US dollars).
Apple’s shares began to rise after the company published a report for the quarter. During the last 5 trading sessions, its securities have grown by almost 13%. Since early January, an increase has amounted to 22.5%. Then Apple’s shares fell to its lowest level in the last 20 months.
In October, Apple’s capitalization exceeded $ 1.1 trillion. After that, its value began to fall due to growing concerns about low demand for iPhones.
The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade