Monday, 21 September 2020

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Apple is making a historic breakthrough in the US energy sector Apple is making a historic breakthrough in the US energy sector

Apple is making a historic breakthrough in the US energy sector

Abu Dhabi, United States of America: Apple has made the biggest breakthrough in US corporate history, becoming the first company in the world with a market capitalization of more than $ 1 trillion.

According to analysts at Bank of America Merrill Lynch, "Apple" achieved this figure, after the giant closed Thursday, at a market value of 1.17 trillion, maintaining its position as the best value companies in the world.

Apple outperformed Wall Street's forecasts, both in terms of revenue and profits, despite slowing iPhone sales compared to the popularity of wearable devices such as watches.

The market value of "Apple" has increased by 8%, since the thirty of last October, despite the fierce competition for the smartphone market in the world.

The US energy index "S&P" closed at a market value of $ 1.13 trillion, according to the site "Markets Insider".

The iPhone manufacturer was able to achieve this achievement on the stock exchange after it impressed investors with the revenues achieved in the fourth tax quarter.

According to the decision of the federal government in the United States, the tax year for 2019, began in early October 2018, and ended on 30 September last year.

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