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Chronicles

The story behind the story

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Apple surpasses Saudi Aramco to become the world's most valuable company after its shares closed up 10.47%, giving it a market valuation of $1.84T

- Apple is now the world's most valuable company.  — It surpassed Saudi Aramco.  — Apple's strong fiscal third quarter earnings, released Thursday, boosted its stock.

CNBC Jessica Bursztynsky

Discussion

  • @protocol @protocol on x
    Two years ago, Apple's market capitalization hit $1T. Back then, that was a momentous event: the culmination of a 42-year slog to reshape the economy with personal computers. But it looks like it'll take considerably less time to hit the second trillion. https://www.protocol.com/…
  • @nebuer42 Reuben Abraham on x
    This is a surreal moment. When Aramco was considering listing, I never imagined any other company would come close in market cap. Leave alone so quickly. https://in.reuters.com/...
  • @neilcybart Neil Cybart on x
    Apple's market cap ($1.8T) now exceeds the market caps of both Alphabet ($1.0T) and Facebook ($0.7T) combined.
  • @neilcybart Neil Cybart on x
    Apple's market cap is up $112B from yesterday. That's equal to more than two Spotifys ($48B market cap).
  • @iansherr Ian Sherr on x
    The iPhone: More valuable than oil. https://twitter.com/...
  • @mrinaldesai Mrinal Desai on x
    can't help remember how many “experts” said it was lacking innovation and was losing its way after Jobs 😃 https://twitter.com/...
  • @kantrowitz Alex Kantrowitz on x
    Rough week for the tech giants https://twitter.com/...