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Home » Apple’s Market Value now Higher than Alphabet, Amazon and Meta combined

Apple’s Market Value now Higher than Alphabet, Amazon and Meta combined

Justice Godfrey Okamgba by Justice Godfrey Okamgba
November 4, 2022
in Company News
Reading Time: 1 min read
0

Apple’s market value reached $2.307 trillion on November 3, making it more valuable than Amazon, Alphabet (Google’s parent company), and Meta combined, which stood at $2.306 trillion.

The iPhone maker finished Wednesday’s session with a $2.307 trillion market capitalization, according to Dow Jones Market Data. Alphabet , Amazon , and Meta were worth a combined $2.306 trillion.

Apple’s stock has outperformed those of its three tech peers over both the past month and the course of 2022.

Shares of Apple are up 4.9% in the past month, while shares of Alphabet are down 9.1%, shares of Amazon are off 18.5% and shares of Meta are down 33.3%. Apple’s stock has lost 18.3% year to far, compared to Alphabet’s loss of 40.5%, Amazon’s loss of 44.7%, and Meta’s loss of 73.1%.

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