Year 2020, global pandemic, health, social and economic crisis. Apple seems immune to these questions of earthly men. The economy of many companies and many people have been weakened but the Californian company has been able to stop all the crises. Has generated profits for a year almost impossible to do. Now we know exactly the percentage of that increase in profits. Nothing more and nothing less than 88%.
Apple shares it could close 2020 to an all-time high. Shares in the Californian company hit a record close to $ 140, putting share growth at an impressive 88% in one year, with market capitalization ever closer to the $ 3 trillion mark.
Apple became the first publicly traded company to reach the market capitalization milestone of two trillion in August 2020. It has now risen to $ 2,3 trillion just four months later. You've had an amazing year during the pandemic with the world relying on technology to the work, education and staying in touch more than ever.
It has become clear that in times where we must be confined at home, technology is essential to us. Teleworking and online conferences with our relatives have been the key. Even so, Apple has had a much higher growth to other companies in the sector, with the same premises and with the same purposes.
Much guilt has been his new Mac M1 with those processors and those new chips. Of course the iPhone has also had a lot to do with it, but nothing compared to the new Macs. Therefore, next year when the number of Macs with these processors increases, profits will rise exponentially and that is why it will get to be the three trillion company with ease.
