As the first company worldwide, the US technology group Apple has managed to be listed on the stock exchange with more than a trillion dollars. This was a historic moment, if you think about how fast technology companies have developed in recent years.
Not even 30 years ago it would have been hard to imagine that in the future mobile phone manufacturers and software developers would be the strongest companies in terms of market capitalization.
How did the huge success of Apple come about?
Apple managed to be the most successful product of this millennium to date with the iPhone. No other company has grown so fast. Apple sells its own mobile phones with its own operating system, browser and app store, all from a single source. With a clever marketing of the products, to stand out from the variety of offers and to establish oneself consistently in a price segment, was always a very important point.
A small comparison: Apple currently generates about as much profit in three months as the online retailer Amazon has in its entire history. Apple and its investors also attach great importance to building on other sources of revenue in addition to the iPhone. These include Apple Music and Apple Pay and the App Store, where customers can buy programs for their smartphones.
Worse ranking than apple
According to the time, the company Apple is now rated higher than the 15 largest German companies. It is supposed to be a 50,000 percent increase that Apple has made since its stock market debut in 1980.
Many people can evaluate how the further developments of the large technology groups will take place on the basis of their user behaviour alone. Apple, Google and co. will not only continue to achieve great success on the stock market. But they will also change people’s lives on a large scale.
Do you know the most eventful stock market crash stories? If not, then read the article: Stock market history – The biggest stock market crashes. – Read this article here. – Maxim Bederov