on Wednesday, Apple became the first listed US company with a market value of $ 2 trillion.
According to Arabiya Net, Wall Street investors have avoided the difficulties facing the iPhone system in favor of bets that it will only increase in the post-Coronavirus phase.
Apple is shining in the midst of the pandemic with a huge market cap after it appeared in the early 2020s to be in trouble.
The initial outbreak of the new Corona virus led to the closure of factories in China that assemble their iPhones.
Apple has also closed its retail stores in a country that is classified as one of the major markets for the company as well as the US market.
and the company managed to challenge the pessimists, as factories reopened in China by March, and Apple's customer base so trusted its products that they continued to buy iPhones and other devices via Internet.
The company also made a decision several years ago to focus on selling digital services, which now include music, videos and the commission it collects from an app store that is now subject to antitrust issues. < / p>
And the announcement of the upcoming stock split on August 24th, which makes Apple's share price accessible to more investors, led to a rebound in its shares.
Apple has been at the forefront of the big tech group that is increasingly controlling people's lives and the stock market.
and only five companies, Apple, Microsoft, Amazon, Facebook and Google account for approximately 23% of the total value of the SP 500 Index, which measures the performance of shares of 500 major companies listed on Stock exchanges in the United States.
and the market value of major technology companies has risen over the past years because they have managed to achieve huge growth even when the global economy was slow, and recently they were able to achieve this to an extent Great even during a pandemic.
(Amazon fun knowledge)
