Home / NEWS / Top News / Apple just hit a trillion but its stock performance has been dwarfed by the other tech giants

Apple just hit a trillion but its stock performance has been dwarfed by the other tech giants

Apple win initially surpassed $900 billion in market value back on November 8, 2017. Over and beyond these last 9 months, Apple’s stock price has risen 18 percent, moderately in line with the Nasdaq-100 index, but far outperforming both the S&P 500 and Dow.

While that’s a fine march from one milestone to another for Apple, its stock performance has been diminished by the stunning performance by the likes of Netflix, Amazon, and even Microsoft. In this unvaried time period, Amazon has climbed over 3 market cap milestones ($600B, $700B, $800B…and more $900B), while Microsoft has toppled 2 milestones ($700B, $800B) and Netflix crossed the $100 billion milestone.

Check Also

Trump Media shares jump on announcement of ETF deal with Crypto.com

Thomas Fuller | SOPA Simulacra | Lightrocket | Getty Images Shares of Trump Media jumped …

Leave a Reply

Your email address will not be published. Required fields are marked *