IPhone maker Apple became the first American company with a market cap of 2 2 trillion

New Delhi, 20 August 2020 Friday

Apple, the world-renowned tech company and iPhone maker, has become the first US company to have a market cap of 2 2 trillion. Known for its iPhone, the company has a market cap of more than the GDP of 19 of the world's leading countries.

The company is valued at more than Brazil, Australia, Canada, Russia, South Korea, Spain, and Mexico, with GDP of આ 1 trillion.

Shares of Apple, headquartered in California, USA, have returned 60 percent this year. Founded in 1976, the market cap of the S&P 500 is about the total valuation of 200 small companies.

Similarly, countries with a market cap of more than 2 trillion more than Apple's market cap include the United States (21 21 trillion), the European Union (19 19 trillion), China (14 14 trillion), the euro area (13 13 trillion), Japan (5 5 trillion) and India ((5 trillion). ટ્ર 3 trillion).

Apple was listed on the stock exchange on December 12, 1980, it took Apple 40 years to become a company with a market cap of 1 1 trillion, and the company's shares have split four times during this period.

Interestingly, however, it took the company only 2 years to become the remaining 1 1 trillion market cap company. In these 40 years, the company has given a return of 76,000 percent.