The market capitalization of the US corporation Apple reached $ 1.77 trillion, surpassing the market value of the Saudi oil giant Saudi Aramco.
According to data from the stock market at 15:08 GMT, Apple shares were growing 6.51%, standing at $ 409.81, and the company’s stock value was estimated at about $ 1.77 trillion.
Saudi Aramco’s market capitalization was $1.76 trillion.
When Saudi Aramco debuted on the stock exchange in December 2019, its value was estimated at nearly $2 trillion, while Apple’s market capitalization was $1.2 trillion.
Last March, the difference between the securities of the two companies was more than $500 billion.
Last March, the difference between the securities of the two companies was more than $500 billion.
At the end of March, the Californian company’s market capitalization was estimated at about $978 billion, but since then Apple began to dramatically increase in value.
Saudi Aramco, on the other hand, lost 5% in value since last December.
