After a few months of turbulence as a result of the ongoing pandemic, Apple’s stock has clearly recovered. During Friday’s trading on the US Nasdaq stock exchange, the stock traded at a high of $331.75, which is the highest listing to date in the company’s 44-year history.
One person who’s been alert to Apple’s rapid recovery is Bill Gates, who bought half a million shares for his foundation several months ago and saw their value rise by 25%.
At the same time, Apple’s market capitalisation has increased to $1.437 trillion, increasing the distance to rivals Microsoft and Amazon, which at time of writing are valued at $1.42 trillion and $1.238 trillion respectively. The fourth company that has been worth more than a trillion dollars is Google, but at the moment it’s worth “only” $983bn.
If you’d like to trade in Apple stock, read our explainer how to buy Apple shares.
This article originally appeared on MacWorld Sweden. Translation by David Price.
Via MACWORLD