Apple designs, manufactures and markets mobile communication and media devices and personal computers, and sells a variety of related software, services, accessories, and third-party digital content and applications. Co.'s products and services include iPhone®, iPad®, Mac®, Apple Watch®, AirPods®, Apple TV®, HomePod™, a portfolio of consumer and personnel software applications, iOS, macOS®, watchOS® and tvOS™ operating systems, iCloud®, Apple Pay® and a variety of other accessory, service and support offerings. Co. sells and delivers digital content and applications through the iTunes Store®, App Store®, Mac App Store, TV App Store, Book Store and Apple Music®. We show 38 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. |
Video: The Importance of Market Cap
