Business Tech

Apple’s market value has surpassed 500 billion

  New York – The market capitalization of the giant Apple has topped 500 billion USD in market opening yesterday, reaching a peak that few companies have equaled and none have managed to maintain. The U.S. computer giant was already a company whose value is the highest internationally. The gulf that separated it from the company occupying the second place, Exxon Mobil, has been building over the last month, as investors have digested the exceptional sales of iPhone and iPad recorded during the holidays. More recently, Apple has fueled hopes among investors about a possible creation of a dividend. Apple became the sixth American company to reach the 500 billion USD. Some analysts have recently suggested that the market capitalization of the company could exceed 550 billion USD. Apple recently posted a quarterly profit of 13.06 billion USD, up 118%. The company had cash reserves of 97.6 billion.

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