Apple’s market cap is extremely close to $3 trillion. Currently, one share of Apple (Apple Share Price) is trading around $179.84 while the market cap is around 2.94 trillion doner. Apple shares trade on the NASDAQ Global Select Market with the ticker symbol AAPL. In terms of Indian Rupees, the share price of Apple is around Rs 13,425. The moment Apple’s share price crosses 182.85, the company’s market cap will touch a market cap of 3 trillion, making Apple the only company in the world to do so. Apple’s shares have seen an increase of 35 percent this year. Whereas in the last year, this increase has been seen by 47 percent.
When was Apple listed in the market?
Apple’s IPO opened on 12 December 1980. Apple was listed on December 12, 1980, at $22 per share. The stock has split five times since the IPO. If you try to look at it on the basis of split shares, then its IPO will not be more than 10 dollars. Some of Apple’s recently launched products include the iPhone 13 Pro, iPhone13, Apple Watch Series 7, and the new iPad mini and iPad, not to mention accessories like the Apple Watch and AirPods.
How were the quarterly results
In October 2021, the company announced its financial results for the fourth quarter of fiscal 2021 ended September 25, 2021. The company posted record revenue of $83.4 billion in the September quarter, up 29 percent year over year and earnings per quarter of $1.24.
this is the whole process
One can become the owner of Apple shares from India by opening an overseas trading account with an international brokerage firm. Apart from completing the KYC formalities, you need to go through the LRS process to comply with the RBI regulations on Forex. Once the account is opened, which can happen in less than a week, one can buy shares of Apple or top US stocks through the fractional investing route, even with an amount of up to Rs.500 can also be invested.
what the experts say
Analysts and global investors are keeping a close eye on several areas, including upcoming holiday iPhone sales, AR and VR headsets, cash flow, stock buybacks, etc. Going into 2022, Apple is expected to remain a preferred mega-cap US stock to have in your portfolio and a top stock pick for 2022. This can be used as an opportunity to add stocks to a long-term portfolio, even if the stock declines and corrects in the short to medium term.
