Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News
Whatsapp

Apple’s $1 Trillion Market Capitalization is a Milestone, Not Focus, Says CEO

Aniruddha Paul
Aniruddha Paul
Writer, passionate in content development on latest technology updates. Loves to follow relevantly on social media, business, games, cultural references and all that symbolizes tech progressions. Philosophy, creation, life and freedom are his fondness.

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

Apple CEO Tim Cook said yesterday, August 2 that its achievement of $1 trillion market value is indeed a milestone for the company, but not focus.

It is, in fact, the result of the company’s focus on products, customers, and values. In Cook’s humble and simultaneously bold words, it is a valuation for the company “much to be proud of.” Safe to say is that this is the most prominent achievement for the company to date.

Financial returns are simply the result of Apple’s innovation, putting our products and customers first, and always staying true to our values. – Tim Cook, CEO Apple

Apple with a closing price of $207.39 on yesterday has become the first publicly listed American company to reach the $1 trillion mark in market valuation. Apple stock market value accounts for 4% of S&P 500 and is greater than the combined capitalization of AT&T, Procter & Gamble, and Exxon Mobil.

It is as well worth mentioning that the likes of Amazon and Microsoft were beaten by Apple in reaching the ‘first-ever’ milestone!

The memo further reads: “Steve founded Apple on the belief that the power of human creativity can solve even the biggest challenges – and that the people who are crazy enough to think they can change the world are the ones who do. Just as Steve always did in moments like this, we should all look forward to Apple’s bright future and the great work we’ll do together.”

Join 10,000+ Fellow Readers

Get Techgenyz’s roundup delivered to your inbox curated with the most important for you that keeps you updated about the future tech, mobile, space, gaming, business and more.

Recomended

Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic