Apple's Stock Price Hits New High, Market Capitalization Exceeds $3.5 Trillion

TapTechNews July 11th news, after Apple's stock price reached a 52-week high of $227.85 on Monday this week, the company's stock price reached a new high again on Wednesday this week, reaching $233.08 during the session, opening at $229.30 and closing at $232.98. The market capitalization reached $3.57 trillion, becoming the company with a global market capitalization exceeding $3.5 trillion.

Apple's Stock Price Hits New High, Market Capitalization Exceeds .5 Trillion_0

Apple's stock price has been growing rapidly since April this year, and its market capitalization has increased by more than 30% in the past 3 months.

Since April 19th this year, Apple's market capitalization has increased by $952 billion, exceeding that of Tesla, which ranked seventh in the US stock market (as of TapTechNews' release, the current market capitalization is $8249.17 billion).

Microsoft's current market capitalization is $3.47 trillion, and NVIDIA's current market capitalization is $3.32 trillion. The two companies are closely following and are also expected to exceed the $3.5 trillion threshold in the near future.

Affected by the rapid growth of Apple's stock price, the stock investment portfolio of Warren Buffett's Berkshire Hathaway has exceeded $400 billion (TapTechNews note: currently about 2.91 trillion yuan).

However, this has not had much impact on Berkshire Hathaway's own stock price. On Tuesday, Berkshire Hathaway Class A shares rose 0.74% to close at $618999.90, and the year-to-date increase is 14.3%, lagging behind the S&P 500 index by about 3 percentage points.