Capitalization Apple lost 2 trillion USD

Tram Ho

At the close of trading on Monday, Apple’s market capitalization fell below $ 2,000 billion after its shares fell 4% in one trading day. The tech giant’s market cap is now only $ 1.96 trillion.

Vốn hóa Apple mất mốc 2.000 tỷ USD - Ảnh 1.

This is the first time since September 2020, Apple’s market capitalization has dropped below $ 2 trillion. Not only Apple, the drop also came to most of the technology stocks in the market. According to Business Insider, as of February 16 this year, the NASDAQ 100 index – the stock index for technology companies – has fallen more than 10%.

In fact, Apple used to hit the $ 2 trillion market cap in August 2020, but then lost it a month later, in September 2020. Today, the company’s share price has increased by 3.14%.

In the first quarter of 2021, Apple reported more than $ 100 billion in revenue for the first time in a quarter. This is also the quarter with the highest revenue ever with $ 114 billion, up 21% over the same period last year.

Check out Apple Insider

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Source : Genk