Apple’s stock price has created a new high in 2022

Apple will once again exceed Mobile to become the world’s largest listed companies. Apple’s stock price has created a new high of $ 526.29 per share, making it a market capitalization reached to $468 billion which is much more than Google and Microsoft’ the aggregate value.

“Economic Times” is expected that in the next decade, if Apple’s stock price increases of 20% per year, so that by 2022 its market capitalization will break the $3 trillion. Just in nine years, Apple grew rapidly. In 2003, Apple’s market capitalization is only $ 6.0 billion. Till to December 31 last year, its quarter net profit amounted to $ 13 billion.

In addition, the Chief Executive Officer Tim Cook said Apple is holding cash up to $ 97.6 billion, this figure had more than the operational needs of the entire company, they are actively discussed how to use this huge amount cash.