Apple (AAPL) - Market capitalization

The Market Capitalization of Apple Inc. has been consistently growing over the years. In 2000, it was reported to be $5.13 billion, and by 2005, it had grown to $60.79 billion. This growth continued through the next decade, reaching $190.98 billion in 2009, and further increasing to $500.74 billion in 2013. In 2014, the company's market cap reached $643.12 billion, a 28.43% increase from the previous year. The upward trend continued as its market cap was reported to be $860.88 billion in 2017, and then increased to $746.07 billion in 2018, despite a decrease of 13.34%. In 2019, the company's market cap surpassed $1 trillion for the first time, reaching $1.185 trillion. By 2020, it reached $2.263 trillion and further increased to $2.719 trillion in 2021. As of August 24th, 2024, Apple's market capitalization was reported to be $3.448 trillion by various sources such as Iex Cloud, CompaniesMarketCap, Nasdaq, and Yahoo Finance.

Apple is often compared to other major technology companies like Microsoft, Alphabet (Google), Amazon, and Netflix. As of August 24th, 2024, the market cap for these companies were as follows: Microsoft ($3.098 trillion), HP ($34.89 billion), Alphabet/Google ($2.049 trillion), Amazon ($1.858 trillion), and Netflix ($294.72 billion).