Apple has become the foremost valuable company on the stock market in mid-2020, these graphs help explain why.
"Despite the unprecedented global impact of COVID-19, we are proud to report that Apple grew during the (first) quarter, fueled by an all-time high in Services and a quarterly record in Wearables," Apple CEO Tim Cook said. the top of April 2020. but three months later, the corporate became the most valuable company in the world's stock markets after announcing that the Californian organization had grown in double digits in the year's second quarter.
"In times of uncertainty, these results are a testament to how important our products are to our customer's lives," Cook said during a press release on June 30, 2020. "Apple's historic second quarter has been driven by both our products and services and growth altogether of our geographic segments."
The manzanita company announced revenues within the second quarter of 59.7 billion dollars (50.37 billion euros), a rise of 11% compared to the same period of the previous year. additionally, sales outside us accounted for 60% of total revenue in those months.
If Apple has exceeded two billion dollars in price and is the company with the most weight on the New York stock market, it's not thanks to heavy investment, but rather to the company's great fans who save some thousand euros to get hold of a few actions. consistent with the consultancy Goldman Sachs, the corporate-led by Tim Cook is the third Wall Street value with the highest volume of small share transactions, and therefore the second with the most options that change hands in small packages.
So far in 2020, Apple has doubled in value. However, the sale of its flagship product, iPhones, is down 4 million from the previous year. These figures may return after the presentation of the iPhone 12 in October.
We review some data and graphs which will be used to understand and explain how the company founded by Steve Jobs continues to grow year after year and remains a benchmark, not only within the technology sector but within the global business world.
