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Apple: How you go from zero to 1 trillion

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Today, Apple is a member of the 'Magnificent 7', the seven tech giants that are lifting Wall Street on their shoulders this year

Apple: Πoς φτàνεις απo το μηδέν στο 1 τρισεκατομμyριο /></p>
<p>Apple becomes the first American listed company with a capitalization that reaches 1 trillion. dollars.</p>
<p>It took Steve Jobs' company 44 years from its founding to break the 1 trillion barrier. dollars. Along the way, of course, other listed companies also achieved it: Microsoft in 46 years, Amazon in 24 years, Google's parent company, Alphabet, in 21 years, Tesla in 18 years and Mark Zuckerberg's Facebook in 17.</p>
<p>In August 2020, it became the first to break the 2 trillion barrier. capitalization dollars. In 2020, it overtook Saudi Aramco to become the world's most valuable company, a position it temporarily lost to Microsoft amid global supply chain disruption caused by the pandemic. Today, it is again the largest in the world.</p>
<p>A few days ago, Apple's capitalization exceeded 3 trillion. dollars, with the iPhone company being the first to break that barrier. Its stock's rally reflects the success of Apple's high-tech products, such as the iPhone and iPad, which have created an entire ecosystem of services around them.</p>
<p>Today, Apple is a member of the 'Magnificent 7”, of the seven tech giants that are lifting Wall Street on their shoulders this year. Shares of Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia and Tesla have jumped 60% since the start of the year. Which means that the total capitalization of the “Magnificent 7” now reaches 11 trillion. dollars, that is three times the GDP of Germany.</p>
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Source: www.kathimerini.com.cy

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