How big is Apple? At Rs 14,98,58,60,00,00,000 mcap, it’s bigger than these countries, 2/3rd of India’s GDP
Earlier this week Apple became the only second company ever globally and the first US company to cross the $2-trillion market cap milestone after Saudi Arabia’s state-owned oil major Saudi Aramco. Founded in 1976, while it took consumer electronics multinational founded by Steve Jobs, Steve Wozniak, and Ronald Wayne, 42 years to hit $1 trillion in value in 2018, the other trillion dollars came in just two years. In fact, according to data from YCharts, Apple’s market cap stood at $981 billion on March 23, 2020. The data showed that Apple got its second $1 trillion in market cap astonishingly in just 21 weeks even as the world economy grappled with the slowdown amid the Covid pandemic.