Social Media Posted July 1, 2023 Share Posted July 1, 2023 Apple has surpassed Microsoft, which is valued at $2.5trn, while oil giant Saudi Aramco is worth $2.08trn. Google parent company Alphabet, Amazon and software giant Nvidia, a world leader in AI technology, have market values of more than $1trn each. Apple has entered the history books as the first public company to be valued at $3trn. The 47-year-old technology juggernaut, co-founded by Silicon Valley legend, the late Steve Jobs in 1966, officially closed up 2.3% at $193.97 per share at the end of trading on Friday. This brought its market value to $3.04trn - equivalent to £2.39trn. Apple briefly surpassed a $3trn market value on consecutive days in January 2022. However, it could not maintain that figure by the time the markets had closed. The company's stock plunged into a prolonged descent, with its market value dipping briefly below $2trn earlier this year, amid a slowdown in growth compounded by investor jitters over rising interest rates, impacting the entire tech sector. Apple only approached the $3trn mark again earlier this month, when the company unveiled what it hopes will be its next big product - the Vision Pro virtual reality headset. Microsoft is following close behind with a market value of $2.5trn. FULL STORY Link to comment Share on other sites More sharing options...
Popular Post Tug Posted July 1, 2023 Popular Post Share Posted July 1, 2023 (edited) Wow!and just think it started with 2 guys in a shed incredible!and what an incredible world changing product they created! Edited July 1, 2023 by Tug 1 1 2 Link to comment Share on other sites More sharing options...
Popular Post Dazinoz Posted July 1, 2023 Popular Post Share Posted July 1, 2023 9 hours ago, Tug said: Wow!and just think it started with 2 guys in a shed incredible!and what an incredible world changing product they created! 3 actually. Steve Wozniak, Steve Jobs (1955–2011) and Ronald Wayne 2 1 Link to comment Share on other sites More sharing options...
Popular Post BenStark Posted July 1, 2023 Popular Post Share Posted July 1, 2023 10 hours ago, Tug said: Wow!and just think it started with 2 guys in a shed incredible!and what an incredible world changing product they created! Indeed incredible, selling third world produced devices at premium prices to their cult. Only possible in the US. 1 1 1 3 Link to comment Share on other sites More sharing options...
BenStark Posted July 1, 2023 Share Posted July 1, 2023 8 minutes ago, Dazinoz said: 3 actually. Steve Wozniak, Steve Jobs (1955–2011) and Ronald Wayne i just read up on that Ronald Wayne. Wow, he could be worth $95 billion today, but he is actually worth $400,000. if he hadn't sold back his stake for $800 1 1 Link to comment Share on other sites More sharing options...
handymax Posted July 1, 2023 Share Posted July 1, 2023 Nvidia makes graphic processing units GPU (video cards) for high speed gaming applications. It's not really correct to designate them as the leader in AI technology.....that might be a future goal but certainly not how they got to where they are today. Link to comment Share on other sites More sharing options...
ozimoron Posted July 1, 2023 Share Posted July 1, 2023 58 minutes ago, handymax said: Nvidia makes graphic processing units GPU (video cards) for high speed gaming applications. It's not really correct to designate them as the leader in AI technology.....that might be a future goal but certainly not how they got to where they are today. Nvidia make the only chips routinely used for AI right now. 1 Link to comment Share on other sites More sharing options...
candide Posted July 1, 2023 Share Posted July 1, 2023 5 hours ago, BenStark said: Indeed incredible, selling third world produced devices at premium prices to their cult. Only possible in the US. And in China. Link to comment Share on other sites More sharing options...
Skeptic7 Posted July 2, 2023 Share Posted July 2, 2023 13 hours ago, Dazinoz said: and Ronald Wayne Yeah, prob not the best visionary and decision maker. Poor guy in more ways than one...net worth 2023 $400,000 ???? Link to comment Share on other sites More sharing options...
Popular Post Bday Prang Posted July 2, 2023 Popular Post Share Posted July 2, 2023 2 hours ago, Skeptic7 said: Yeah, prob not the best visionary and decision maker. Poor guy in more ways than one...net worth 2023 $400,000 ???? A sign of the times when somebody with a net worth of nearly 1/2 a million dollars can be described as "poor". Many people can only dream of such figures 1 2 Link to comment Share on other sites More sharing options...
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