Apple's market capitalization exceeds 160 trillion yen, becoming the first $1.5 trillion company



On June 10, 2020 local time, Apple's market capitalization reached $1.5 trillion (about 160 trillion yen). It is the first American company to have a market capitalization of over $1.5 trillion.

Apple stock growth makes it the first US company to reach $1.5 trillion market cap-9to5Mac

https://9to5mac.com/2020/06/10/apple-stock-aapl-hits-1-5-trillion-market-cap/

Apple's stock price continues to rise, finally reaching $352.22 (about 38,000 yen), despite the influence of the new coronavirus and the protest demonstration appealing for the elimination of racial discrimination against black people. As a result, the market capitalization calculated from issued shares on June 10 exceeded $1.5 trillion.

In March 2020, Apple's stock price had dropped to $229 (about 24,000 yen) due to the global epidemic of the new coronavirus. But then the price reached $352.22.



In addition, Apple exceeded the market capitalization of 1 trillion dollars (about 107 trillion yen) in August 2018, and the stock price at that time was 207.39 dollars (about 22,000 yen).

Apple's market capitalization exceeds 110 trillion yen, becoming the first 1 trillion dollar company-GIGAZINE



In January 2020, market research analysts predict that Apple's stock price will soon reach $375-400 (about 40,000-43,000 yen). Analysts believed that strong sales of the iPhone's first 5G-compatible model, which will be introduced in 2020, and Apple Watch will help boost the stock price. Therefore, there is a strong possibility that the market capitalization will rise further after September when new iPhones are announced.

in Note, Posted by logu_ii