Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Coje_He for the clue delivery! According to foreign media reports, Apple's stock price has far outperformed other large technology companies in the past month, and its market capitalization now exceeds that of Amazon, Meta and Alphabet combined.

As of Wednesday's close, Apple's market capitalization was $2.307 trillion, which is equal to the combined market capitalization of Google, Amazon and Meta.

Overall, large technology stocks suffered a severe sell-off last week due to disappointing quarterly results. But Apple shares outperformed its peers after fourth-quarter revenue and profit beat Wall Street expectations. Apple shares soared 8 per cent after the results were announced, and Meta fell more than 20 per cent, Amazon fell about 10 per cent, and Alphabet fell 9.1 per cent.

Since then, Meta was valued at $240 billion as of Wednesday's close, and Amazon's market capitalization fell below $1 trillion for the first time on Tuesday.

It is reported that Apple's share price is down 18.3% so far this year, and the share price of Magi Alphabet is down 40.5%, while Amazon is down 44.7% and Magi Meta is down 73.1%. In addition, all four companies reported results last week, and only Apple's results aroused a positive reaction from the stock market.

Foreign media said that Apple has been adhering to its own development path and focused on its core business. Unlike Musk's high profile, Cook is very low-key. "at Apple, boredom is new," said Michael Michael Gartenberg, a journalist and former Apple employee.

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