Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Co.'s products include: iPhone; Mac; iPad; and Wearables, Home and Accessories, which includes AirPods®, Apple TV®, Apple Watch®, Beats® products, HomePod® mini and accessories. Co.'s services include: advertising; AppleCare, which provides fee-based service and support products under the AppleCare® brand; cloud services; digital content, which includes App Store®, Apple Arcade®, Apple Fitness+sm, Apple Music®, Apple News+®, and Apple TV+®; and payment services, which include Apple Card® and Apple Pay®, a cashless payment service. We show 57 historical shares outstanding datapoints in our AAPL shares outstanding history coverage, used to compute AAPL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AAPL market cap history over the course of time is important for investors
interested in comparing AAPL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AAPL versus a peer is one thing; comparing
AAPL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AAPL can fluctuate over the course of history.
With this page we aim to empower investors researching AAPL by allowing them to research the AAPL market cap history. |
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Video: The Importance of Market Cap
