The computer giant Apple on Wednesday became the first American company to be worth more than 2,000 billion dollars on the stock market, a symbolic step crowning the success of its innovative electronic products, from the Mac to the iPhone, including connected watches .
The group led by Tim Cook had already made a mark on Wall Street by becoming in August 2018 the first private company to cross the $ 1,000 billion mark. For economist Christopher Dembik, "this reflects that when you want to invest in the stock market, if you want to have a return, if you want to be sure of your investment, you have to have Apple in your portfolio".
Results on the rise thanks to containment
Apple, which has doubled its capitalization in just two years, has since been followed above 1,000 billion by Amazon, Microsoft and Alphabet, the parent company of Google. Saudi oil giant Aramco, for its part, became in December 2019 the first company in the world to exceed the $ 2,000 billion mark. But its price has since fallen a lot and the value of Apple passed that of Aramco at the end of July.
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Even more than its competitors, the Apple brand has seen its results climb thanks to containment: between April and June, the iPhone manufacturer achieved nearly 60 billion in sales and more than 11 billion net profit. Despite a collapse in the global smartphone market in the second quarter this year, Apple is the only brand in the top three (in order of Huawei, Samsung and Apple) that has continued to grow, according to Canalys.
And observers expect significant demand for the release of the brand's next line of multifunction phone, the iPhone 12.